Form 4: Global Water Resources Director Rousseau Reports Acquisition and Disposal of Restricted Stock Units
SEC Form 4 Filing
Director David Rousseau reports acquiring and disposing of restricted stock units in Global Water Resources, Inc.
Summary
- On July 31, 2024, Director David Rousseau engaged in transactions involving restricted stock units (RSUs) of Global Water Resources, Inc.
- Rousseau acquired 28 RSUs and disposed of 11,427 RSUs.
- Following these transactions, Rousseau holds 0 derivative securities.
- The RSUs are fully vested upon grant but can only be redeemed upon ceasing to be a director of the company.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the transactions of a director in the company's stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of transaction involving restricted stock units. |
| 08/02/2024 | Date of signature by attorney-in-fact. |
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