Form 4: Global Water Resources CFO Liebman Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Michael J. Liebman, CFO of Global Water Resources, Inc., reports the disposal of 3,114 common stock shares to cover tax obligations related to vesting restricted stock.
Summary
- On May 8, 2025, Michael J. Liebman, CFO and Corporate Secretary of Global Water Resources, Inc., disposed of 3,114 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of 8,334 restricted stock shares.
- The shares were disposed of at a price of $10.43 per share.
- Following the transaction, Liebman beneficially owns 89,778 shares of Global Water Resources, Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reflects a routine transaction related to tax obligations. There is no indication of positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related stock disposal, which is common when restricted stock vests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/05/2022 | Original award date of restricted stock shares |
| 05/08/2025 | Date of stock disposal for tax withholding |
| 05/12/2025 | Date of signature for the report |
Keywords
Form 4, Global Water Resources, GWRS, Michael J. Liebman, CFO, Stock Disposal, Tax Withholding, Restricted Stock, Beneficial Ownership
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