Form 4: Global Water Resources Director Acquires Restricted Stock Units
SEC Form 4 Filing
Director Brett Huckelbridge acquired 31 Restricted Stock Units (RSUs) in Global Water Resources, Inc. on March 28, 2024, which are fully vested upon grant but only redeemable upon ceasing to be a director.
Summary
- On March 28, 2024, Brett Huckelbridge, a director of Global Water Resources, Inc., acquired 31 Restricted Stock Units (RSUs).
- The RSUs are fully vested upon grant.
- The RSUs are redeemable only upon the reporting person ceasing to be a director of the Company.
- Following the transaction, Huckelbridge directly owns 10,938 derivative securities.
- The transaction was reported on April 1, 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of RSUs by a director aligns their interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of transaction: Brett Huckelbridge acquired 31 Restricted Stock Units. |
| 04/01/2024 | Date of report filing. |
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