Form 4: Global Water Resources Director Debra Coy Granted Restricted Stock Units

Global Water Resources, Inc. director Debra Coy was granted 6 restricted stock units (RSUs) on May 30, 2025, as part of her compensation, bringing her total beneficial ownership of derivative securities to 268 RSUs.

Summary

• Debra Coy, a Director of Global Water Resources, Inc. (GWRS), acquired 6 Restricted Stock Units (RSUs) on May 30, 2025.
• Each RSU is economically equivalent to one share of Global Water Resources, Inc. common stock.
• The RSUs were granted at a price of $0, indicating they are part of compensation rather than a purchase.
• Following this transaction, Debra Coy beneficially owns a total of 268 derivative securities, specifically Restricted Stock Units.
• The acquired RSUs are fully vested upon grant.
• Redemption of these RSUs is permitted only when the reporting person ceases to be a director of the Company, with detailed requirements outlined in the Omnibus plans referenced in the latest 10-K filing.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine disclosure of director compensation, which is an expected part of corporate operations and does not indicate significant positive or negative developments for the company's financial health or strategic direction.

Positives

• The grant of Restricted Stock Units to a director helps align management and director interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• The RSUs are fully vested upon grant, providing immediate ownership and reducing future uncertainty for the recipient.

Negatives

• The issuance of new RSUs, even in small amounts, can lead to minor dilution for existing shareholders, though the impact of 6 units is negligible.

Future Outlook

The Restricted Stock Units granted to Director Debra Coy are only permitted to be redeemed upon her ceasing to be a director of Global Water Resources, Inc.

Industry Context

The grant of Restricted Stock Units to directors is a common practice in corporate governance across various industries, serving as a form of equity-based compensation designed to align the interests of directors with long-term shareholder value.

Related Party Transactions

• The grant of Restricted Stock Units to Debra Coy, a director of Global Water Resources, Inc., constitutes a related party transaction as it involves compensation provided by the company to a member of its board.

Stakeholder Impact

• Shareholders: Minor, as the grant represents a small amount of potential future dilution, but also serves to align the director's interests with shareholder value.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Next Steps

• Redemption of the Restricted Stock Units by Debra Coy upon her ceasing to be a director of Global Water Resources, Inc., as per the terms detailed in the company's Omnibus plans.

Key Dates

Keywords

Global Water Resources, GWRS, SEC Form 4, Restricted Stock Units, RSU, Director Compensation, Insider Transaction, Beneficial Ownership