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.
Global Water Resources, Inc. director Christa Steele filed an initial ownership report, indicating her relationship to the company as a director. The filing shows that she beneficially owns 0 shares of common stock in a direct capacity as of the reported date. The document also notes that a power of attorney has been granted, allowing an attorney-in-fact to sign the form on her behalf.
Global Water Resources, Inc. reported an equity award to one of its directors. On 12/30/2025, the director received 46 restricted stock units (RSUs), each representing the economic equivalent of one share of the company’s common stock. The RSUs are fully vested immediately upon grant, meaning there are no additional service or performance conditions to earn them.
However, the RSUs can only be redeemed for common stock when the director ceases to serve on the board, aligning the award with continued board service. Following this grant, the director beneficially owns 12,044 derivative securities in the form of RSUs, giving them additional long-term exposure to the company’s share performance.
Global Water Resources, Inc. reported insider equity activity by its President, CEO, and Director. On 12/30/2025, the executive received 57 restricted stock units (RSUs), each equal to one share of common stock, which were fully vested and immediately exercisable. On 12/31/2025, 3,756 RSUs were exercised into the same number of common shares at a price of $0, and those 3,756 common shares were then sold at $8.45 per share. After these transactions, the executive directly beneficially owned 102,643 shares of common stock and 15,456 RSUs, which reflect previous grants with varying vesting and expiration terms.
Global Water Resources, Inc. director reported equity transactions and a board departure. On 12/31/2025, the reporting person exercised derivative awards, converting 2,180 deferred phantom units and 313 restricted stock units into common stock at an exercise price of $0. That same day, the person disposed of 2,493 shares of common stock at $8.45 per share. After these transactions, the reporting person beneficially owned 24,495.203 shares of common stock in direct form. The filing notes that each DPU and RSU is economically equivalent to one share, and that both instruments may be redeemed only after the individual ceases to be a director. The reporting person’s service as a director ended effective December 31, 2025.
Global Water Resources, Inc. entered into a new credit agreement with CoBANK for a $15,000,000 term loan at a fixed interest rate of 5.49% per year, with interest payable semi-annually and a scheduled maturity on December 10, 2035. The loan is guaranteed by key subsidiaries and secured by a pledge of equity interests in all direct and indirect subsidiaries and related collateral.
The credit agreement includes a debt service coverage ratio covenant and restrictive covenants limiting additional debt, liens, asset sales, mergers, certain affiliate transactions, and some distributions. Dividends are limited if the debt service coverage ratio falls below 1.25:1.00. Customary events of default could allow CoBANK to accelerate repayment, and separate guaranty and pledge and security agreements were executed by the company and its subsidiaries to support these obligations.
Global Water Resources, Inc. reported that one of its directors received an award of 821 shares of restricted common stock on 11/19/2025 at a price of $8.68 per share.
The restricted stock is fully vested when granted, bringing the director’s direct beneficial ownership to 2,541,729.437 shares. The director also has indirect beneficial ownership of 42,150 shares held by his children, over which he has shared voting and dispositive power.
Global Water Resources, Inc. reported that a director acquired 1,192 shares of common stock as restricted stock on 11/19/2025 at $8.68 per share. The filing notes that these shares represent restricted stock awarded that is fully vested when granted, so they are not subject to a future vesting schedule. After this award, the director beneficially owns 24,495.203 shares of Global Water Resources common stock held directly.
Global Water Resources, Inc. reported an insider equity award. On 11/19/2025, one of its directors acquired 1,189 shares of common stock at $8.68 per share, recorded as an acquisition. An accompanying note explains that these shares are restricted stock that was fully vested when granted. Following this transaction, the director beneficially owns 6,697 shares of Global Water Resources common stock, held directly. The activity reflects routine director stock compensation rather than a market purchase or sale.
Global Water Resources, Inc. reported that its Board of Directors elected Christa Steele as a new director on November 11, 2025, with her service to begin on January 1, 2026. Starting that date, she will also join the Audit Committee and serve as Chair of the Corporate Governance, Nominating, Environmental, and Health and Safety Committee. The company states that there is no arrangement or understanding with any other person related to her selection and that she has no material interest in related-party transactions requiring disclosure. Ms. Steele will receive the same compensation as other non-employee directors, as previously described in the company’s April 4, 2025 proxy statement. A press release announcing her election is included as Exhibit 99.1.
Global Water Resources (GWRS) reported Q3 2025 results. Revenue was $15,519 thousand versus $14,321 thousand a year ago, while net income was $1,717 thousand versus $2,925 thousand. Diluted EPS was $0.06. Operating expenses rose on higher operations, G&A, and depreciation, reducing operating income to $2,922 thousand from $3,984 thousand.
Year‑to‑date performance reflected growth investments. For the nine months, revenue reached $42,217 thousand and net income $3,920 thousand, with net cash provided by operating activities of $17,476 thousand. Capital expenditures were $49,629 thousand and cash paid for acquisitions was $8,098 thousand.
Strategic moves and financing strengthened the balance sheet. On July 8, GWRS acquired seven Tucson Water systems for approximately $8,123 thousand, adding about 2,200 connections. The company completed a public offering (3,220,000 shares; $30,783 thousand net proceeds) and a private placement (1,270,572 shares; $13,123 thousand gross proceeds). Revolver capacity increased to $20,000 thousand, with $6,850 thousand outstanding at quarter‑end. As of November 10, 2025, 28,750,265 shares were outstanding.