STOCK TITAN

Levine family pours millions into Global Water Resources (GWRS)

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Global Water Resources, Inc. (GWRS) is the subject of this Amendment No. 5 to a Schedule 13D filed by Levine Investments Limited Partnership, Keim, Inc., William S. Levine and Jonathan L. Levine. The filing updates their ownership and recent share purchases in Global Water Resources common stock.

Levine Investments Limited Partnership now beneficially owns 12,777,908 shares of common stock, representing approximately 42.7% of Global Water Resources’ outstanding common stock. Including additional shares held through a family trust and individually, Jonathan L. Levine is a beneficial owner of 12,833,334 shares, and William S. Levine is a beneficial owner of 12,827,908 shares, each representing about 42.9% of the company. The reporting persons state they hold the shares for investment purposes but may consider alternatives, including selling shares. The amendment reports additional open-market purchases on October 6, 2025 and August 20, 2026.

Positive

  • None.

Negative

  • None.

Filing Explained

Following the completed August 20 purchase, the amendment adds that Levine Investments has sole voting and disposition power over 12,777,908 shares, while the Levines’ reported interests overlap rather than represent separate stakes to add, and the disclosed transaction is a holder purchase, not an issuance by Global Water.

Shares beneficially owned by Levine Investments Limited Partnership 12,777,908 shares Represents approximately 42.7% of Global Water Resources common stock outstanding
Levine Investments ownership percentage 42.7% Approximate percentage of Global Water Resources common stock outstanding
Shares beneficially owned by Jonathan L. Levine 12,833,334 shares Represents approximately 42.9% of Global Water Resources common stock outstanding
Shares beneficially owned by William S. Levine 12,827,908 shares Represents approximately 42.9% of Global Water Resources common stock outstanding
Purchase on October 6, 2025 728,197 shares for $7,500,435.20 at $10.30 per share Levine Investments Limited Partnership purchase using personal funds
Purchase on August 20, 2026 651,618 shares for $5,766,819.30 at $8.85 per share Levine Investments Limited Partnership purchase using personal funds
Shares held by Levine Family Trust A 50,000 shares Beneficially owned by William S. and Jonathan L. Levine as trustees
Shares held individually by Jonathan L. Levine 5,426 shares Common stock of Global Water Resources held directly
beneficially owns financial
"Levine Investments Limited Partnership beneficially owns 12,777,908 shares of the Company's Common Stock"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
sole voting power financial
"Levine Investments Limited Partnership has the sole power to vote or direct the vote"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"the sole power to dispose or to direct the disposition, of the shares of Common Stock"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
pecuniary interest financial
"each person or entity identified herein disclaims beneficial ownership ... except to the extent of his or its pecuniary interest"
Schedule 13D regulatory
"previously filed a statement on Schedule 13D to report the acquisition"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

FAQ

What percentage of Global Water Resources (GWRS) does Levine Investments Limited Partnership now beneficially own?

Levine Investments Limited Partnership beneficially owns 12,777,908 shares of Global Water Resources common stock, representing approximately 42.7% of the company’s outstanding common stock, according to the Schedule 13D amendment.

How many GWRS shares are beneficially owned by Jonathan L. Levine under this Schedule 13D/A?

Jonathan L. Levine is reported as the beneficial owner of 12,833,334 shares of Global Water Resources common stock, which represents approximately 42.9% of the company’s outstanding common stock. This includes shares held through Levine Investments Limited Partnership, a family trust, and shares he holds individually.

What recent GWRS share purchases are disclosed in this Schedule 13D/A for Levine Investments Limited Partnership?

Levine Investments Limited Partnership purchased 728,197 shares of GWRS on October 6, 2025 for $7,500,435.20 at $10.30 per share, and 651,618 shares on August 20, 2026 for $5,766,819.30 at $8.85 per share, using personal funds.

What is William S. Levine’s beneficial ownership position in Global Water Resources (GWRS)?

William S. Levine is a beneficial owner of 12,827,908 GWRS shares, including those held through Levine Investments Limited Partnership and a family trust. This total represents approximately 42.9% of Global Water Resources’ outstanding common stock.

What is the stated purpose of the Levine group’s investment in Global Water Resources (GWRS)?

The reporting persons state they acquired GWRS common stock with the intent of holding the shares for investment purposes, but they may consider and pursue alternatives, including selling the shares. They also disclaim beneficial ownership except to the extent of their pecuniary interest.

How are voting and dispositive powers over GWRS shares structured among the Levine reporting persons?

Levine Investments Limited Partnership has sole power to vote and dispose of its GWRS shares. Keim, Inc., as sole general partner, can cause the partnership to exercise these powers. William S. and Jonathan L. Levine, as 100% voting stockholders and officers of Keim, Inc., can jointly cause Keim, Inc. to exercise those powers.

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

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Learn about SEC filing dates





379463102

(CUSIP Number)
Gary A. Gotto
3101 N. Central Avenue, Suite 1400
Phoenix, AZ, 85012
6022306322

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
08/20/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




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SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


Levine Jonathan L
Signature:Levine Jonathan L
Name/Title:Levine Jonathan L
Date:08/24/2026
LEVINE WILLIAM S
Signature:Levine William S
Name/Title:Levine William S
Date:08/24/2026
Levine Investments Limited Partnership
Signature:Keim, Inc.
Name/Title:Levine William S
Date:08/24/2026
Signature:Keim, Inc.
Name/Title:Levine Jonathan L
Date:08/24/2026
Keim, Inc.
Signature:Levine William S
Name/Title:Chairman
Date:08/24/2026
Signature:Levine Jonathan L
Name/Title:President
Date:08/24/2026