Welcome to our dedicated page for Global Water Resources SEC filings (Ticker: GWRS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Global Water Resources, Inc. filings document the regulatory, financing and governance disclosures of a Nasdaq-listed Arizona water utility operator. The company’s 8-K reports cover operating results, rate case proceedings before the Arizona Corporation Commission, material credit agreements, amendments to revolving borrowing arrangements and direct financial obligations tied to its utility business.
Proxy and governance filings disclose board structure, committee assignments, executive compensation and shareholder voting matters. The filing record also identifies the company’s common stock registration, regulated subsidiaries, debt covenants, subsidiary guarantees, pledged equity interests and other capital-structure terms that support its water, wastewater and recycled water utility operations.
Global Water Resources director Alexander Richard M reported a routine equity compensation event. He received a grant of 1,771 shares of Global Water Resources common stock at $7.50 per share as restricted stock that was fully vested when granted. To cover related tax obligations, 892 shares were withheld and disposed of by delivering shares rather than paying cash, which is not an open-market sale. After these transactions, he directly owned 48,614 common shares.
Huckelbridge Brett reported acquisition or exercise transactions in this Form 4 filing.
Global Water Resources director Brett Huckelbridge received a stock award rather than buying shares on the open market. On March 11, 2026, he was granted 1,246 shares of Global Water Resources common stock, valued at $7.50 per share, as fully vested restricted stock.
Following this grant, Huckelbridge directly owns 9,314 shares of Global Water Resources common stock. Because the shares were granted as compensation and were fully vested at grant, this filing reflects a routine equity award to a board member, not a market purchase or sale.
Global Water Resources director Andrew M. Cohn increased his holdings in the company’s common stock. On March 13, 2026, he made an open-market purchase of 18,305 shares at $7.20 per share. This raised his directly held position to 2,560,984.437 shares.
On March 11, 2026, he also acquired 950 shares as a grant of restricted stock that, according to the disclosure, was fully vested when granted. In addition to his direct ownership, Cohn has shared voting and dispositive power over 42,150 shares held by his children, reported as indirect ownership by family relationship.
Global Water Resources, Inc. director David Rousseau reported an automatic acquisition of 1,375 shares of common stock on restricted basis at $7.50 per share. The footnotes state these shares are restricted stock that is fully vested when granted, indicating a compensation-related award rather than an open-market purchase. Following this grant, Rousseau directly holds 8,072 shares of Global Water Resources common stock.
Steele Christa reported acquisition or exercise transactions in this Form 4 filing.
Global Water Resources, Inc. director Christa Steele received a grant of 1,380 shares of common stock on March 11, 2026. The filing states these shares are restricted stock that are fully vested when granted, so she owns them outright immediately. After this award, she holds 1,380 common shares directly.
Global Water Resources, Inc. director Jonathan L. Levine reported an indirect acquisition of 950 shares of common stock as a restricted stock award at $7.50 per share. The award is fully vested when granted and is held by Levine Investments Limited Partnership, where he is general partner and disclaims beneficial ownership beyond his pecuniary interest. A separate holding entry reflects 50,000 indirectly held shares in the Levine Family Trust "A", for which he serves as trustee.
Global Water Resources reported full-year 2025 revenue of $55.8 million, up 5.8% from 2024, driven by the acquisition of seven Tucson water systems, more active connections, higher consumption, and rate increases.
Net income fell 48.9% to $3.0 million, or $0.11 per share, as a heavy 2025 capital improvement program lifted depreciation, interest expense, and led to $1.3 million of asset disposal losses tied to recommissioning the Southwest Plant. Adjusted EBITDA was essentially flat at $26.5 million, while adjusted net income declined to $3.9 million from $6.3 million. Active service connections grew 6.3% to 68,577, water consumption rose 5.9% to 4.28 billion gallons, and the company invested $67.3 million in infrastructure, funded partly by a new $15 million term loan at 5.49% and $44.1 million of equity issuance. The board maintained a monthly dividend of $0.02533 per share, or $0.30396 annualized.
Global Water Resources, Inc. is a regulated water resource management company focused on water, wastewater, and recycled water utilities in fast‑growing, arid regions of Arizona. It operates 39 utility systems serving more than 121,000 people across 418 square miles, with all 2025 revenue coming from regulated operations.
The company’s strategy centers on its Total Water Management model, which maximizes recycling of highly treated wastewater, uses separate "purple pipe" networks for non‑potable uses, and relies on advanced technologies such as automated meter infrastructure and supervisory control systems to manage assets and reduce costs.
Growth is driven by acquisitions and organic expansion in population corridors around Phoenix and Tucson, supported by long‑term regional planning and public‑private partnerships with local municipalities. At December 31, 2025, the utilities had 68,577 active service connections, heavily concentrated in the City of Maricopa area.
The business is subject to extensive regulation by the Arizona Corporation Commission and environmental agencies, including strict water quality rules such as new PFAS and lead‑and‑copper standards. The company highlights regulatory outcomes, water‑supply constraints, climate variability, and rate‑case results as key risks that could affect revenue, costs, and future expansion.
Global Water Resources, Inc. reported that CFO and Corporate Secretary Michael J. Liebman acquired 27 restricted stock units as a grant. Each RSU is the economic equivalent of one share of common stock and is fully vested and immediately exercisable with no expiration date. Following this award, he directly holds 9,947 RSUs.
Fleming Ronnie L reported acquisition or exercise transactions in this Form 4 filing.
Global Water Resources, Inc. reported that President and CEO Ronnie L. Fleming received a grant of 43 restricted stock units on February 27, 2026. Each RSU is the economic equivalent of one share of common stock, is fully vested upon grant, and is immediately exercisable with no set expiration date. Following this award, Fleming holds 15,544 restricted stock units directly.