FLOWERS CLARENCE B. 4

What Happened

• Clarence B. Flowers, a director of Consolidated Water Co. Ltd. (CWCO), reported a gift of 50,080 shares on May 28, 2025. The shares were disposed as a gift (transaction code G) at $0.00 per share, so no cash changed hands.

Key Details

• Transaction date: 2025-05-28; Report filed: 2026-03-13 (late filing — ~9.5 months after the transaction).
• Price: $0.00 per share (gift); Total proceeds: $0.
• Shares owned after transaction: the filing does not state a single total; footnotes disclose additional holdings (see below).
• Footnotes from the filing:
  • F1: Includes 100,158 shares held in an account where ownership is shared with the reporting person’s sibling.
  • F2: Includes 150,238 shares held under an estate of which the reporting person is the beneficial owner.
  • F3: Some shares are held in the individual account of the reporting person’s spouse.
• No indication of a 10b5-1 plan, tax-withholding sale, or option exercise in this report.

Context

• Gifts are transfers for reasons other than open-market selling and do not necessarily indicate the insider’s view on the company’s prospects. Because this was a gift (not a sale for proceeds), it should not be treated the same as a routine cash-divesting sale. The late filing reduces short-term transparency for investors.