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Global Water Resources (GWRS) director granted 950 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Global Water Resources, Inc. director Jonathan L. Levine reported an indirect acquisition of 950 shares of common stock as a restricted stock award at $7.50 per share. The award is fully vested when granted and is held by Levine Investments Limited Partnership, where he is general partner and disclaims beneficial ownership beyond his pecuniary interest. A separate holding entry reflects 50,000 indirectly held shares in the Levine Family Trust "A", for which he serves as trustee.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Levine Jonathan L

(Last) (First) (Middle)
C/O GLOBAL WATER RESOURCES, INC.
21410 N 19TH AVENUE #220

(Street)
PHOENIX AZ 85027

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Global Water Resources, Inc. [ GWRS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/11/2026 A 950(1) A $7.5 12,129,893 I By Levine Investments Limited Partnership(2)
Common Stock 50,000 I By Levine Family Trust "A"(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares represent restricted stock awarded which are fully vested when granted.
2. Shares are held by a limited partnership for which the reporting person serves as general partner. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
3. Shares are held by the Levine Family Trust "A" for which the reporting person serves as a trustee.
Remarks:
/s/ Suzette Prante, attorney-in-fact 03/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Global Water Resources (GWRS) director Jonathan Levine report?

Jonathan L. Levine reported an indirect acquisition of 950 shares of Global Water Resources common stock. The shares were received as a fully vested restricted stock award at $7.50 per share and are held through Levine Investments Limited Partnership.

How many Global Water Resources shares were granted in the latest Form 4 filing for GWRS?

The filing shows a grant of 950 shares of Global Water Resources common stock. These shares are structured as restricted stock, fully vested on grant, and are indirectly held via Levine Investments Limited Partnership, rather than in Jonathan Levine’s personal name.

At what price was the restricted stock awarded in the Global Water Resources (GWRS) Form 4?

The restricted stock was awarded at $7.50 per share. This price applies to 950 shares of Global Water Resources common stock granted as a fully vested restricted stock award and held indirectly through Levine Investments Limited Partnership.

How are Jonathan Levine’s Global Water Resources (GWRS) shares held according to the Form 4?

Shares are held indirectly through two entities. The 950-share restricted stock award is held by Levine Investments Limited Partnership, and an additional 50,000 shares are held by the Levine Family Trust “A”, for which Jonathan Levine serves as trustee.

Does Jonathan Levine claim full beneficial ownership of the indirectly held GWRS shares?

For the shares held by Levine Investments Limited Partnership, Jonathan Levine disclaims beneficial ownership except to the extent of his pecuniary interest. He serves as general partner there and as trustee of the Levine Family Trust “A”, which holds 50,000 shares.
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