Form 4: Global Water Resources Director Cohn Acquires Restricted Stock Units
SEC Form 4 Filing
Director Andrew M. Cohn acquired restricted stock units in Global Water Resources, Inc. on March 28, 2024.
Summary
- On March 28, 2024, Andrew M. Cohn, a director of Global Water Resources, Inc., acquired restricted stock units (RSUs).
- The transaction involved 3 RSUs, each representing one share of common stock.
- The RSUs are fully vested upon grant but can only be redeemed when Cohn ceases to be a director of the company.
- Following the transaction, Cohn directly owns 1,621 shares of common stock.
- The reporting person has ceased to be a director of the Company.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider transactions.
Positives
- The acquisition of RSUs by a director could be seen as a positive signal, indicating confidence in the company's future.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction could have a minor impact on shareholder sentiment, depending on how it's interpreted.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of transaction: Andrew M. Cohn acquired restricted stock units. |
| 04/01/2024 | Date of signature on the Form 4 filing. |
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