Form 4: GWRS Director Sells Stock After Board Departure

Global Water Resources Director Debra Coy sold shares following her departure from the board, converting deferred units and restricted stock units into common stock.

Summary

• Debra Coy, a Director of Global Water Resources, Inc. (GWRS), reported changes in her beneficial ownership.
• She ceased to be a director of the Company effective December 31, 2025.
• On December 31, 2025, she converted 2,180 Deferred Phantom Units (DPUs) and 313 Restricted Stock Units (RSUs) into common stock, both of which were fully vested upon grant and redeemable upon her ceasing to be a director.
• Following these conversions, she disposed of 2,493 shares of common stock at a price of $8.45 per share.
• Her direct beneficial ownership of common stock after these reported transactions is 24,495.203 shares.

Sentiment

Score: 5

Explanation: A routine insider transaction report detailing a director's stock sales upon departure from the board, which is a common occurrence and does not inherently indicate positive or negative company performance or outlook.

Future Outlook

This filing is a report of past insider transactions and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing details a routine insider transaction related to a director's departure and does not provide information relevant to broader industry trends or competitive analysis.

Management Changes

Stakeholder Impact

• Shareholders: The sale of shares by a director upon departure is a common event and typically does not signal a change in company fundamentals, though it alters the insider ownership structure.

Key Dates

Keywords

Global Water Resources, GWRS, insider transaction, Form 4, director, stock sale, equity ownership, Debra Coy