Global Water director awarded 1,023 restricted shares

Cohn Andrew M. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Cohn Andrew M. reported acquisition or exercise transactions in this Form 4 filing.

Global Water Resources, Inc. director Andrew M. Cohn reported an equity award of common stock. He received 1,023 shares of restricted stock at $6.97 per share, and these shares are described as fully vested when granted. Following this grant, he directly holds 2,562,007.437 shares of common stock. The filing also notes 42,150 shares held indirectly through his children, over which he has shared voting and dispositive power.

Insider Trade Summary

Grant/Award: 1,023 shares

Grant/Award 2 txns

Insider Cohn Andrew M.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,023	$6.97	$7K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 2,562,007.437 shares (Direct); Common Stock — 42,150 shares (Indirect, By family relationship)

Footnotes (2)

1. F1. Shares represent restricted stock awarded which are fully vested when granted.
2. F2. The reporting person has shared voting and dispositive power of the shares owned by his children.

Key Figures

Restricted stock grant: 1,023 shares Grant price: $6.97 per share Direct holdings after grant: 2,562,007.437 shares +1 more

4 metrics

Restricted stock grant 1,023 shares Common Stock award to Andrew M. Cohn

Grant price $6.97 per share Price for restricted stock award

Direct holdings after grant 2,562,007.437 shares Common Stock directly held by Andrew M. Cohn

Indirect family holdings 42,150 shares Shares held by children with shared voting and dispositive power

Key Terms

restricted stock, fully vested when granted, shared voting and dispositive power, grant, award, or other acquisition, +1 more

5 terms

restricted stock financial

"Shares represent restricted stock awarded which are fully vested when granted."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

fully vested when granted financial

"Shares represent restricted stock awarded which are fully vested when granted."

shared voting and dispositive power financial

"The reporting person has shared voting and dispositive power of the shares owned by his children."

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

indirect financial

"ownership_type: indirect; nature_of_ownership: By family relationship"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Global Water Resources (GWRS) director Andrew M. Cohn report?

Andrew M. Cohn reported an equity grant of common stock. He received 1,023 shares of restricted stock, fully vested when granted at $6.97 per share, increasing his direct ownership to 2,562,007.437 shares.

How many Global Water Resources (GWRS) shares did Andrew M. Cohn acquire?

He acquired 1,023 shares of Global Water Resources common stock. These shares were granted as restricted stock and are fully vested upon grant, reflecting a compensation-related award rather than an open-market purchase.

What is Andrew M. Cohn’s direct shareholding in Global Water Resources (GWRS) after the grant?

After the reported grant, Andrew M. Cohn directly holds 2,562,007.437 shares of Global Water Resources common stock. This figure reflects his position immediately following the 1,023-share restricted stock award.

Are the restricted shares granted to Andrew M. Cohn in GWRS vested?

Yes, the 1,023 restricted shares awarded to Andrew M. Cohn are fully vested when granted. This means he does not need to satisfy additional service or performance conditions for these shares to be earned.

Does Andrew M. Cohn have any indirect holdings of Global Water Resources (GWRS) stock?

Yes, he has indirect ownership of 42,150 shares through his children. The filing notes that he has shared voting and dispositive power over these shares, reflecting family-related indirect holdings.

Was Andrew M. Cohn’s Global Water Resources (GWRS) transaction an open-market trade?

No, the filing describes the transaction as a grant or award acquisition of restricted stock. It is a compensation-related award and not an open-market purchase or sale of Global Water Resources shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/22/2026 - 06:08 PM EDT Learn about SEC filing dates

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^*

Cohn Andrew M.

(Last) (First) (Middle)

2801 EAST CAMELBACK ROAD, #450

(Street)

PHOENIX ARIZONA 85016

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/20/2026		A		1,023(1)	A	$6.97	2,562,007.437	D
Common Stock								42,150	I	By family relationship(2)

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. The reporting person has shared voting and dispositive power of the shares owned by his children.

Remarks:

	/s/ Suzette Prante, attorney-in-fact	05/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)