Form 4: Global Water Resources Executive Exercises Stock Options
SEC Form 4 Filing
Jonathan C. Corwin, a Vice President at Global Water Resources, Inc., reports changes in beneficial ownership of company stock due to the exercise of stock options.
Summary
- On September 30, 2024, Jonathan C. Corwin, a Vice President at Global Water Resources, Inc., engaged in transactions involving the company's stock.
- Corwin acquired 155 shares of common stock at a price of $12.59 per share through the exercise of stock options.
- Additionally, Corwin acquired 2 Restricted Stock Units (RSUs) that are fully vested upon grant and immediately exercisable.
- Following these transactions, Corwin directly owns 12,839 shares of common stock.
- Corwin also disposed of 155 Restricted Stock Units (RSUs) at $0 and continues to hold 824 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of stock option exercise and RSU transactions. |
| 10/02/2024 | Date of signature on the Form 4 filing. |
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