Global Water Resources (GWRS) director gets 55 fully vested 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 director David Rousseau received a grant of 55 restricted stock units on May 29, 2026. Each RSU is the economic equivalent of one share of Global Water common stock and is fully vested upon grant. RSUs may be redeemed only when he ceases to be a director, bringing his total reported RSU-based holdings to 12,295 units.
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 — 12,295 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 units
RSU value per unit: $0.00 per unit
Holdings after grant: 12,295 units
+1 more
4 metrics
RSUs granted
55 units
Restricted stock units awarded on May 29, 2026
RSU value per unit
$0.00 per unit
Transaction price per RSU for the award
Holdings after grant
12,295 units
Total RSU-based holdings following the transaction
Economic equivalence
1 RSU = 1 share
Each RSU equals one share of Global Water 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 incorporated by reference"
FAQ
What did Global Water Resources (GWRS) director David Rousseau receive in this Form 4?
David Rousseau received an award of 55 restricted stock units (RSUs). Each RSU is the economic equivalent of one share of Global Water Resources common stock, increasing his reported RSU-based holdings to 12,295 units after the grant.
Are the Global Water Resources (GWRS) RSUs granted to David Rousseau vested?
Yes, the RSUs granted to David Rousseau are fully vested upon grant. Although vested, they can only be redeemed under specific conditions described in the company’s omnibus plans referenced in its most recent 10-K filing.
When can David Rousseau redeem his Global Water Resources (GWRS) RSUs?
The RSUs are only permitted to be redeemed when Rousseau ceases to be a director of Global Water Resources. Detailed redemption requirements are set out in the company’s omnibus plans incorporated by reference in its latest filed 10-K.
How many Global Water Resources (GWRS) RSUs does David Rousseau hold after this transaction?
Following this grant, David Rousseau is reported as holding 12,295 restricted stock units. Each RSU represents the economic equivalent of one share of Global Water Resources common stock, according to the Form 4 disclosure and related footnotes.
Does this Global Water Resources (GWRS) Form 4 involve an open-market stock purchase or sale?
No, this Form 4 reports a grant or award acquisition of 55 RSUs to David Rousseau. The transaction price per unit is shown as $0.00, indicating it is an award rather than an open-market buy or sell.