Alexander Richard M 4

What Happened

• Richard M. Alexander, a director of Global Water Resources, received a grant of 1,771 restricted shares on 2026-03-11. The award is reported at $7.50 per share for a total grant value of $13,283. The shares were fully vested when granted (footnote F1).
• To satisfy the tax withholding obligation on the vesting, 892 of the awarded shares were withheld (disposed) at the same $7.50 per-share value, equal to $6,690 (footnote F2). After withholding, Alexander retained 879 shares (879 × $7.50 = $6,592.50 at the grant price).

Key Details

• Transaction date: 2026-03-11; Filing date: 2026-03-13 (filed promptly).
• Award (code A): 1,771 restricted shares @ $7.50 = $13,283.
• Tax withholding (code F): 892 shares @ $7.50 = $6,690 (shares withheld to cover taxes).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 — restricted shares fully vested when granted; F2 — withholding to satisfy tax liability.
• Filing timeliness: appears timely (filed two days after the transaction date).

Context

• This was a compensation award (restricted stock that vested on grant), not an open-market purchase. The withholding of shares is a standard "sell-to-cover" for taxes and does not by itself indicate the insider’s market sentiment.
• The net result increased the director’s equity stake by the retained 879 shares; the reporting reflects grant and withholding rather than a cash buy or sale on the market.