Form 4: Global Water Resources Director Acquires Additional Shares
SEC Form 4 Filing
Director Andrew M. Cohn acquired 609 shares of Global Water Resources, Inc. at $11.70 per share on August 14, 2024.
Summary
- On August 14, 2024, Andrew M. Cohn, a director of Global Water Resources, Inc., acquired 609 shares of common stock at a price of $11.70 per share.
- Following this transaction, Mr. Cohn directly owns 2,126,709 shares of Global Water Resources, Inc.
- Mr. Cohn also indirectly owns 42,150 shares through a family relationship where he has shared voting and dispositive power.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a director's share purchase, which could be seen as a positive signal, but it's not overwhelmingly significant.
Positives
- The director's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential alignment of interests.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/14/2024 | Date of transaction: Andrew M. Cohn acquired 609 shares of Global Water Resources, Inc. |
| 08/15/2024 | Date of signature: Suzette Prante, attorney-in-fact, signed the Form 4 on behalf of Andrew M. Cohn. |
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