Form 4: Global Water Resources Executive Vice President Reports Tax Withholding Transaction
SEC Form 4 Filing
Joanne Ellsworth, Executive Vice President of Global Water Resources, reports the withholding of shares to cover tax obligations related to vesting restricted stock.
Summary
- On May 14, 2024, Joanne Ellsworth, Executive Vice President of Global Water Resources, Inc. (GWRS), had 2,409 shares of common stock withheld to satisfy tax obligations.
- The shares were withheld at a price of $12.83 per share.
- Following the transaction, Ellsworth directly owns 16,552 shares of GWRS common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction (tax withholding). It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine Form 4 filing related to insider transactions, specifically the withholding of shares for tax purposes, which is a common occurrence when restricted stock vests.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Date of transaction: Shares withheld for tax obligations. |
| 05/16/2024 | Date of signature by attorney-in-fact. |
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