GWRS director receives 1,485-share stock award

Steele Christa reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Steele Christa reported acquisition or exercise transactions in this Form 4 filing.

Global Water Resources, Inc. director Christa Steele reported a compensation-related equity grant. She received 1,485 shares of Common Stock as a restricted stock award at a reference price of $6.97 per share. According to the footnote, these restricted shares are fully vested when granted, meaning she has full ownership immediately rather than vesting over time. After this award, Steele directly holds 2,865 shares of Global Water Resources common stock. This filing reflects an equity grant to a board member, not an open-market purchase or sale.

Insider Trade Summary

Grant/Award: 1,485 shares

Grant/Award 1 txn

Insider Steele Christa

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,485	$6.97	$10K

Holdings After Transaction: Common Stock — 2,865 shares (Direct)

Footnotes (1)

1. F1. Shares represent restricted stock awarded which are fully vested when granted.

Key Figures

Restricted shares granted: 1,485 shares Grant reference price: $6.97 per share Shares held after transaction: 2,865 shares +2 more

5 metrics

Restricted shares granted 1,485 shares Restricted stock award to director on May 20, 2026

Grant reference price $6.97 per share Price per share associated with restricted stock award

Shares held after transaction 2,865 shares Christa Steele direct holdings following the award

Transaction code A Grant, award, or other acquisition of Common Stock

Ownership type Direct Shares held directly by Christa Steele after grant

Key Terms

restricted stock, Common Stock, grant/award acquisition, transaction code A

4 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.

Common Stock financial

"security_title: Common Stock in the reported transaction."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

grant/award acquisition financial

"transaction_action: grant/award acquisition for this Form 4 entry."

transaction code A financial

"transaction_code_description: Grant, award, or other acquisition."

FAQ

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

What insider transaction did Global Water Resources (GWRS) report for Christa Steele?

Global Water Resources director Christa Steele received 1,485 shares of Common Stock as a restricted stock award. The shares were granted at a reference price of $6.97 and are fully vested upon grant, increasing her direct holdings to 2,865 shares.

Was Christa Steele’s Form 4 transaction in GWRS stock a market purchase or sale?

The transaction was not a market purchase or sale. It was coded as an acquisition due to a grant or award of 1,485 restricted shares, fully vested when granted, reflecting equity compensation rather than trading activity in the open market.

How many GWRS shares does Christa Steele own after this restricted stock award?

After receiving 1,485 restricted shares, Christa Steele directly holds 2,865 shares of Global Water Resources Common Stock. This total reflects her position following the award as reported in the Form 4, providing an updated snapshot of her direct ownership.

What does it mean that GWRS restricted stock awarded to Christa Steele is fully vested when granted?

Fully vested when granted means Christa Steele has immediate, unconditional ownership of the 1,485 restricted shares. There is no waiting period or performance condition for vesting, so she can exercise all associated rights from the time of the grant.

How is Christa Steele’s GWRS Form 4 transaction classified under SEC codes?

The transaction uses code “A,” indicating a grant, award, or other acquisition. It is classified as a non-derivative acquisition of Common Stock, reflecting an equity compensation award rather than an exercise of options, tax withholding, or a gift disposition.

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

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Accepted by SEC EDGAR 05/22/2026 - 06:06 PM 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^*

Steele Christa

(Last) (First) (Middle)

C/O GLOBAL WATER RESOURCES

21410 N 19TH AVE, STE 220

(Street)

PHOENIX ARIZONA 85027

(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		1,485(1)	A	$6.97	2,865	D

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.

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)