Global Water Resources (GWRS) director awarded 55 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rousseau David reported acquisition or exercise transactions in this Form 4 filing.
Global Water Resources, Inc. director David Rousseau received a grant of 55 restricted stock units. Each RSU is the economic equivalent of one share of common stock and is fully vested upon grant. These RSUs can only be redeemed when he ceases to be a director, after which he would hold 12,350 shares in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rousseau David
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 55 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 12,350 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). The RSUs are fully vested upon grant. In addition, the RSUs are only permitted to be redeemed upon the reporting person ceasing to be a director of the Company. Redemption requirements are detailed within the Omnibus plans incorporated by reference within our latest filed 10-K.
Key Figures
RSUs granted: 55 RSUs
Shares after transaction: 12,350 shares
Exercise price: $0.00 per RSU
3 metrics
RSUs granted
55 RSUs
Grant to director David Rousseau on 2026-06-30
Shares after transaction
12,350 shares
Total holdings following RSU grant
Exercise price
$0.00 per RSU
Conversion or exercise price for granted RSUs
Key Terms
Restricted Stock Units, economic equivalent, fully vested upon grant, Omnibus plans
4 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
economic equivalent financial
"Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock"
fully vested upon grant financial
"The RSUs are fully vested upon grant."
Omnibus plans financial
"Redemption requirements are detailed within the Omnibus plans incorporated by reference within our latest filed 10-K."
FAQ
What insider transaction did Global Water Resources (GWRS) report for David Rousseau?
Global Water Resources reported a grant of 55 restricted stock units to director David Rousseau. The units are a form of equity compensation and increase his total holdings to 12,350 shares after the award.
How many RSUs did Global Water Resources (GWRS) grant to its director?
The company granted 55 restricted stock units to director David Rousseau. Each RSU is the economic equivalent of one share of common stock, providing additional equity-based compensation linked directly to the company’s stock.
Are the Global Water Resources (GWRS) RSUs to David Rousseau vested immediately?
Yes, the 55 restricted stock units granted to David Rousseau are fully vested upon grant. This means there is no service-based vesting period, although redemption timing is still subject to specific conditions.
When can David Rousseau redeem his Global Water Resources (GWRS) RSUs?
The RSUs can only be redeemed when David Rousseau ceases to be a director of Global Water Resources. This condition links the payout of the award to the end of his board service, as detailed in the company’s omnibus plans.
Do the Global Water Resources (GWRS) RSUs granted to David Rousseau have an exercise price?
The RSUs granted to David Rousseau have an exercise or conversion price recorded as $0.00. RSUs typically do not require a purchase price; instead, they convert into shares subject to the plan’s redemption conditions.