Form 4: Director Debra Coy Acquires GWRS Restricted Stock Units

Global Water Resources Director Debra Coy acquired 6 restricted stock units, fully vested upon grant, as part of a Rule 10b5-1(c) plan.

Summary

• Debra Coy, a Director of Global Water Resources, Inc. (GWRS), acquired 6 Restricted Stock Units (RSUs).
• The transaction occurred on September 30, 2025.
• These RSUs are fully vested upon grant and are the economic equivalent of one share of common stock each.
• Redemption of the RSUs is permitted only when the reporting person ceases to be a director of the Company.
• The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
• Following this transaction, Debra Coy beneficially owns 293 derivative securities (RSUs).

Sentiment

Score: 7

Explanation: The acquisition of Restricted Stock Units by a director is a positive indicator of insider alignment and confidence, though it represents a routine compensation event rather than a significant strategic move.

Positives

• Director Debra Coy received 6 Restricted Stock Units (RSUs), indicating continued alignment with shareholder interests.
• The RSUs are fully vested upon grant, providing immediate ownership rights.
• The transaction was executed under a Rule 10b5-1(c) plan, demonstrating a pre-arranged and compliant trading strategy.

Future Outlook

The Restricted Stock Units are redeemable only upon the reporting person ceasing to be a director of Global Water Resources, Inc., aligning long-term incentives with board tenure.

Industry Context

NA

Stakeholder Impact

• Shareholders: Increased alignment of the director's interests with shareholders through equity ownership.
• Management: Reinforces the long-term commitment of a director to the company's performance.

Key Dates

Recommendation

The filing reports a routine equity grant to a director, which is a positive for aligning insider interests with shareholders. However, this transaction alone does not provide sufficient new fundamental information to warrant a change in investment recommendation.

Keywords

Global Water Resources, GWRS, Debra Coy, Restricted Stock Units, RSU, Insider Transaction, Form 4, Director Compensation, Equity Grant