Director David Rousseau receives 56 RSUs at Global Water Resources (GWRS)

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Rousseau David reported acquisition or exercise transactions in this Form 4 filing.

Global Water Resources director David Rousseau received a grant of 56 restricted stock units (RSUs) of common stock-equivalent compensation. The RSUs are fully vested upon grant and become redeemable only when he ceases to be a director. Following this award, he holds 12,240 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Rousseau David

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	56	$0.00	--

Holdings After Transaction: Restricted Stock Units — 12,240 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: 56 units Total RSUs after grant: 12,240 units Grant price: $0.00 per RSU +1 more

4 metrics

RSUs granted 56 units Restricted stock units granted on 2026-04-30

Total RSUs after grant 12,240 units Director’s RSU holdings following transaction

Grant price $0.00 per RSU Equity compensation, no cash paid by director

Economic equivalence 1 RSU = 1 share Each RSU equals one share of common stock

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"

fully vested upon grant financial

"The RSUs are fully vested upon grant."

Omnibus plans financial

"Redemption requirements are detailed within the Omnibus plans"

Form 4 Insider Transactions: What Each Field Means →

05/04/2026 - 09:27 PM

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^*

Rousseau David

(Last)

(First)

(Middle)

C/O GLOBAL WATER RESOURCES, INC.

21410 N 19TH AVE, SUITE #205

(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)
04/30/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	04/30/2026		A		56		⁽²⁾	⁽²⁾	Common Stock	56	$0	12,240	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company").

2. 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.

Remarks:

	/s/ Suzette Prante, attorney-in-fact	05/04/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Global Water Resources (GWRS) report for David Rousseau?

Global Water Resources reported that director David Rousseau received a grant of 56 restricted stock units. These RSUs are a form of stock-based compensation and are economically equivalent to 56 shares of the company’s common stock, increasing his direct RSU holdings.

How many Global Water Resources (GWRS) RSUs does David Rousseau hold after this Form 4?

After the reported grant, David Rousseau holds 12,240 restricted stock units. Each RSU is the economic equivalent of one share of Global Water Resources common stock, so the filing reflects his updated equity-based compensation position as a company director.

Are the Global Water Resources (GWRS) RSUs granted to David Rousseau vested immediately?

Yes. The filing states the RSUs granted to David Rousseau are fully vested upon grant. Although vested, they can only be redeemed when he ceases to be a director, as described in the company’s omnibus plans referenced in its latest Form 10-K.

When can David Rousseau redeem his Global Water Resources (GWRS) RSUs?

The RSUs may be redeemed only when David Rousseau ceases to be a director. This restriction is specified in the footnotes, which explain that redemption requirements are governed by omnibus plans incorporated by reference in Global Water Resources’ most recently filed annual report.

What does each Global Water Resources (GWRS) restricted stock unit represent?

Each restricted stock unit granted to David Rousseau is the economic equivalent of one share of Global Water Resources common stock. This means RSUs mirror the value of a single share, providing equity-linked compensation without immediate issuance of common shares.