Global Water Resources (GWRS) director granted 1,485 fully vested restricted shares
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,485 shares
Net Buy
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)
- 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."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
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.
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.