Form 4: Global Water Resources Director Alexander Richard M. Reports Share Transactions
SEC Form 4 Filing
Director Alexander Richard M. of Global Water Resources, Inc. reports acquisition and disposal of common stock on March 12, 2025.
Summary
- On March 12, 2025, Alexander Richard M., a director of Global Water Resources, Inc., reported acquiring 1,171 shares of common stock at $11.35 per share.
- The shares represent restricted stock awarded which are fully vested when granted.
- On the same day, 725 shares were disposed of at $11.35 per share to satisfy tax withholding obligations related to the vesting of the restricted stock and cash compensation for board services.
- Following these transactions, Alexander Richard M. beneficially owns 45,723 shares of Global Water Resources, Inc.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 03/12/2025 | Date of stock acquisition and disposal. |
| 03/14/2025 | Date of signature by attorney-in-fact. |
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