Form 4: Global Water Resources Executive Reports Stock Transaction
SEC Form 4 Filing
Jonathan C. Corwin, a Vice President at Global Water Resources, Inc., reports the withholding of shares to cover tax obligations related to vesting restricted stock.
Summary
- On May 14, 2024, Jonathan C. Corwin, a Vice President at Global Water Resources, Inc., had 2,258 shares of common stock withheld to satisfy tax obligations.
- The shares were withheld at a price of $12.83 per share.
- Following the transaction, Corwin directly owns 12,529 shares of Global Water Resources, Inc.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction related to tax obligations. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Date of the stock transaction (share withholding). |
| 05/16/2024 | Date of signature on the Form 4 filing. |
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