Form 4: Global Water Resources Executive Reports Stock Transactions
SEC Form 4 Filing
John Carroll Lenderking, SVP of Water Resources at Global Water Resources, Inc., reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On September 30, 2024, John Carroll Lenderking, SVP of Water Resources at Global Water Resources, Inc., filed a Form 4 to report changes in beneficial ownership.
- The reported transactions include the acquisition of 320 shares of common stock at a price of $12.59 per share.
- Lenderking also acquired 2 restricted stock units (RSUs) and disposed of 320 RSUs.
- Following these transactions, Lenderking directly owns 8,021 shares of common stock.
- Lenderking also owns 1,690 RSUs after the reported transactions.
- The RSUs are fully vested upon grant and immediately exercisable, without a set expiration date.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a standard part of regulatory compliance for corporate insiders, providing transparency into their trading activities. This filing indicates the transactions of an executive at Global Water Resources, which is typical for publicly traded companies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a company executive.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of earliest transaction (acquisition and disposal of common stock and RSUs) |
| 10/02/2024 | Date of signature by attorney-in-fact |
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