Form 4: Director Andrew M. Cohn Receives Equity Grant

Global Water Resources, Inc. director Andrew M. Cohn was granted 6 fully vested restricted stock units.

Summary

• Director Andrew M. Cohn acquired 6 restricted stock units (RSUs) on April 30, 2026.
• The RSUs are fully vested upon grant.
• The units are redeemable only upon the reporting person's departure from the Board of Directors.
• Following this transaction, the reporting person holds a total of 1,722 derivative securities.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.

Positives

• Director alignment with long-term company performance through equity-based compensation.

Negatives

• None identified.

Risks

• Redemption of RSUs is contingent upon the director ceasing to serve on the Board, limiting immediate liquidity.

Future Outlook

The RSUs will be redeemed for common stock upon the director's eventual departure from the Board of Directors.

Industry Context

StockSavvy.ai notes that this is a routine disclosure of director compensation, common in the utility sector to align board interests with shareholder value.

Comparison to Industry Standards

• The grant of fully vested RSUs to directors is a standard corporate governance practice for mid-cap utility companies to ensure long-term retention and alignment.

Corporate Governance

Stakeholder Impact

• Shareholders: No material impact as the grant is a standard component of director compensation.

Next Steps

• Redemption of RSUs upon the director's future resignation or retirement from the Board.

Key Dates

Keywords

Global Water Resources, GWRS, Form 4, Insider Trading, Director Compensation, Restricted Stock Units