Welcome to our dedicated page for Global Water 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.
The Global Water Resources, Inc. (NASDAQ: GWRS) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as a publicly traded water utility. Global Water Resources operates 39 systems that deliver water, wastewater, and recycled water services in growth corridors around metropolitan Phoenix and Tucson, Arizona, and its filings offer detailed insight into how it manages financing, regulation, and corporate governance.
Through its current reports on Form 8-K, the company discloses material events such as private placements of common stock, entry into credit agreements and term loans, and changes in its board of directors. These filings describe key terms of securities purchase agreements, loan covenants, guarantees by subsidiaries, and collateral arrangements, as well as any limitations on dividends tied to financial ratios.
Other 8-K filings incorporate press releases announcing quarterly financial results, where Global Water Resources reports on revenue, net income, adjusted EBITDA, and operational measures like active service connections and water consumption. The company also uses SEC filings to update investors on rate case proceedings for its regulated subsidiaries before the Arizona Corporation Commission, outlining requested rate changes and potential impacts on revenue and cash flows.
On Stock Titan, users can review these filings alongside AI-powered summaries that highlight important sections, such as financing terms, regulatory developments, and board or governance changes. This helps readers quickly understand how Global Water Resources funds infrastructure, navigates rate regulation, and oversees its water, wastewater, and recycled water operations in Arizona.
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.
Lenderking John Carroll reported acquisition or exercise transactions in this Form 4 filing.
Global Water Resources, Inc. reported that SVP, Water Resources John Carroll Lenderking received a grant of 4 restricted stock units on February 27, 2026. Each RSU is the economic equivalent of one share of common stock and is fully vested, immediately exercisable, and has no set expiration date. Following this award, he holds 1,617 RSUs directly.
Cohn Andrew M. reported acquisition or exercise transactions in this Form 4 filing.
Global Water Resources, Inc. director Andrew M. Cohn received a grant of 5 restricted stock units on February 27, 2026. Each RSU represents the economic equivalent of one share of common stock and was fully vested at the time of grant.
Following this award, Cohn directly holds 1,710 restricted stock units. The RSUs may only be redeemed when he ceases to be a director of the company, with additional redemption terms set out in the company’s omnibus plans referenced in its latest Form 10-K.
Huckelbridge Brett reported acquisition or exercise transactions in this Form 4 filing.
Global Water Resources director Brett Huckelbridge reported receiving a grant of 46 restricted stock units, each equivalent to one share of common stock, at no cost. The RSUs are fully vested upon grant and may be redeemed only when he ceases to be a director, bringing his direct RSU holdings to 11,824.
Global Water Resources, Inc. Vice President Jonathan C. Corwin reported an acquisition of 2 restricted stock units (RSUs) on February 27, 2026 as a grant or award. Each RSU is the economic equivalent of one share of Global Water Resources common stock.
The RSUs are fully vested upon grant, immediately exercisable, and do not have a set expiration date. Following this award, Corwin directly holds a total of 804 RSUs representing the same number of underlying common shares on an economic-equivalent basis.