Form 4: Global Water Resources Director Jonathan Levine Acquires Additional Shares

Jonathan L. Levine, a Director and 10% Owner of Global Water Resources, Inc. (GWRS), has acquired 699 shares of common stock through a restricted stock award.

Summary

• Jonathan L. Levine, a Director and 10% Owner of Global Water Resources, Inc. (GWRS), acquired 699 shares of common stock on May 21, 2025.
• The shares were acquired as a restricted stock award and are fully vested upon grant.
• The acquisition price per share was $10.2.
• Following this transaction, Mr. Levine's indirect beneficial ownership includes 11,399,190 shares held by Levine Investments Limited Partnership and 50,000 shares held by the Levine Family Trust "A".
• Mr. Levine serves as the general partner for Levine Investments Limited Partnership and as a trustee for the Levine Family Trust "A".

Sentiment

Score: 7

Explanation: The sentiment is positive as a director and significant owner is increasing their stake in the company, which typically signals confidence in the company's future prospects. The shares are also fully vested upon grant, indicating immediate ownership.

Positives

• A Director and 10% Owner, Jonathan L. Levine, is increasing his stake in the company through the acquisition of 699 shares.
• The acquired shares are restricted stock awards that are fully vested when granted, indicating immediate ownership.

Future Outlook

This Form 4 filing does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This filing pertains to Global Water Resources, Inc., a company operating in the water utility sector. The acquisition of shares by a director indicates continued insider confidence in the company, which is a common signal in the utility industry where stable, long-term investments are often sought.

Related Party Transactions

• Jonathan L. Levine's indirect beneficial ownership includes shares held by Levine Investments Limited Partnership, for which he serves as general partner, and shares held by the Levine Family Trust "A", for which he serves as a trustee. These are considered related party holdings.

Stakeholder Impact

• Shareholders may view the director's acquisition of additional shares positively, as it demonstrates continued confidence from a key insider in the company's value and future performance.

Key Dates

Keywords

Global Water Resources, GWRS, Jonathan L. Levine, Director, 10% Owner, Insider Transaction, Form 4, Stock Acquisition, Restricted Stock Award, Beneficial Ownership