GWRS VP exercises RSUs, returns 132 shares

Global Water Resources, Inc. Vice President Jonathan C. Corwin reported small equity compensation-related moves.

Rhea-AI Filing Summary

Global Water Resources, Inc. Vice President Jonathan C. Corwin reported small equity compensation-related moves. He exercised restricted stock units (RSUs) into 132 shares of common stock and on the same date returned 132 common shares to the issuer at $7.24 per share. Each RSU represents one share of common stock. After these transactions, he holds 14,014 common shares directly and 680 RSUs, which are either fully vested or become exercisable at vesting without a set expiration date.

Insider Trade Summary

132 shares exercised/converted

Exercise 4 txns

Insider Corwin Jonathan C.

Role Vice President

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	2	$0.00	$0.00
Exercise	Restricted Stock Units	132	$0.00	$0.00
Exercise	Common Stock	132	$0.00	$0.00
Disposition	Common Stock	132	$7.24	$955.68

Holdings After Transaction: Restricted Stock Units — 548 contracts (Direct); Common Stock — 14,014 shares (Direct)

Footnotes (4)

1. F1. Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company").
2. F2. The RSUs are exercisable at time of vesting and do not have a set expiration date.
3. F3. The RSUs are fully vested upon grant and immediately exercisable. The RSUs do not have a set expiration date.
4. F4. The total includes prior grants that have different vesting and expiration dates, as previously reported by the reporting person.

Key Figures

Shares disposed to issuer: 132 shares at $7.24 RSUs exercised: 132 RSUs New RSU grant: 2 RSUs +3 more

6 metrics

Shares disposed to issuer 132 shares at $7.24 Common stock disposition to issuer on 2026-06-30

RSUs exercised 132 RSUs Converted into 132 common shares on 2026-06-30

New RSU grant 2 RSUs Grant of restricted stock units on 2026-06-30

Common shares held after 14,014 shares Direct ownership after transactions

RSUs held after 680 RSUs Total restricted stock units after grants and exercises

Exercise/Conversion count 1 transaction, 132 shares Derivative exercise or conversion events in summary

Key Terms

Restricted Stock Units, Disposition to issuer, Exercise or conversion of derivative security, economic equivalent

4 terms

Restricted Stock Units financial

"The filing reports transactions in "Restricted Stock Units" that are economically equivalent to common shares."

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.

Disposition to issuer financial

"One transaction is coded as a "Disposition to issuer" of 132 common shares."

Exercise or conversion of derivative security financial

"Transactions with code M are described as "Exercise or conversion of derivative security"."

economic equivalent financial

"Each RSU is described as the "economic equivalent" of one share of common stock."

FAQ

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

What insider transactions did GWRS Vice President Jonathan Corwin report?

Jonathan Corwin reported exercising restricted stock units into 132 common shares and disposing of 132 common shares back to Global Water Resources, Inc. He also reported a small RSU grant of 2 units, all tied to equity compensation rather than open-market trading.

How many Global Water Resources (GWRS) shares does the VP own after these Form 4 transactions?

After the reported transactions, Jonathan Corwin directly holds 14,014 shares of Global Water Resources common stock. In addition, he holds 680 restricted stock units, each economically equivalent to one share of common stock, reflecting his continuing equity-based compensation position.

What is the size of the Global Water Resources (GWRS) share disposition reported?

The Form 4 shows a disposition of 132 shares of Global Water Resources common stock back to the issuer at $7.24 per share. The number of shares is small relative to the 14,014 common shares Corwin continues to hold after the transactions.

What are the details of the RSUs reported by the GWRS Vice President?

The filing reports 132 RSUs converted into common stock and a grant of 2 additional RSUs. Each restricted stock unit is the economic equivalent of one Global Water Resources common share and becomes exercisable upon vesting, with no specified expiration date according to the footnotes.

Is the Global Water Resources (GWRS) insider transaction an open-market trade?

The reported transactions are not open-market trades. They consist of an exercise or conversion of restricted stock units, a disposition of shares back to the issuer, and a small RSU grant, all reflecting equity compensation mechanics rather than buying or selling on the open market.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 07/02/2026 - 05:00 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^*

Corwin Jonathan C.

(Last) (First) (Middle)

C/O GLOBAL WATER RESOURCES, INC.

21410 N 19TH AVENUE #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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/30/2026		M		132	A	$0(1)	14,146	D
Common Stock	06/30/2026		D		132	D	$7.24	14,014	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
Restricted Stock Units	(1)	06/30/2026		A		2		(2)(3)	(2)(3)	Common Stock	2	$0	680(4)	D
Restricted Stock Units	(1)	06/30/2026		M			132	(2)	(2)	Common Stock	132	$0	548(4)	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 exercisable at time of vesting and do not have a set expiration date.

3. The RSUs are fully vested upon grant and immediately exercisable. The RSUs do not have a set expiration date.

4. The total includes prior grants that have different vesting and expiration dates, as previously reported by the reporting person.

Remarks:

	/s/ Suzette Prante, attorney-in-fact	07/02/2026
	** 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)