Global Water Resources, Inc. filings document the regulatory, financing and governance disclosures of a Nasdaq-listed Arizona water utility operator. The company’s 8-K reports cover operating results, rate case proceedings before the Arizona Corporation Commission, material credit agreements, amendments to revolving borrowing arrangements and direct financial obligations tied to its utility business.
Proxy and governance filings disclose board structure, committee assignments, executive compensation and shareholder voting matters. The filing record also identifies the company’s common stock registration, regulated subsidiaries, debt covenants, subsidiary guarantees, pledged equity interests and other capital-structure terms that support its water, wastewater and recycled water utility operations.
Global Water Resources, Inc. reported first‑quarter 2026 revenue of $13.3 million, up 6.7% from 2025, driven by more active connections, higher water usage, the Tucson system acquisition, and higher GW‑Farmers rates. Active service connections rose 5.7% to 68,885, with water connections up 8.0%.
Despite revenue growth, the company posted a net loss of $0.4 million, or $(0.01) per share, versus net income of $0.6 million a year earlier, as operating expenses rose 15.1%, including higher production, medical, rent, insurance, and depreciation costs from a larger asset base.
Operating cash flow was $4.5 million, funding $6.3 million of capital expenditures, with the gap covered largely by the revolving credit facility. Management highlights continued organic growth in Arizona, progress on the Tucson integration, and regulatory developments, including a settlement on GW‑Santa Cruz and GW‑Palo Verde rate cases that could raise GW‑Santa Cruz’s annual revenue requirement by about $2.3 million if approved.
Global Water Resources, Inc. reported first-quarter 2026 revenue of $13.3 million, up 6.7% year over year, driven by organic connection growth, higher consumption, rate increases, and the July 2025 acquisition of seven Tucson water systems. Water service revenue rose to $6.6 million and wastewater and recycled water revenue to $6.7 million.
The company posted a net loss of $0.4 million, or $(0.01) per share, compared with net income of $0.6 million, or $0.02 per share, a year earlier, mainly due to higher depreciation and net interest from its 2025 capital improvement plan. Adjusted EBITDA was stable at $5.6 million. The company invested $6.3 million in infrastructure during the quarter and declared monthly dividends totaling $0.08 per share for the period.
Active service connections increased 5.7% year over year to 68,885 and water consumption rose 7.9% to 902 million gallons. After quarter-end, the company reached a settlement framework with the Arizona Corporation Commission that includes an agreed annual revenue requirement increase of about $2.3 million for GW-Santa Cruz and an increased temporary bill credit of about $0.4 million annually for GW-Palo Verde customers, and it extended its $20 million revolving credit line to May 18, 2028.
Global Water Resources, Inc. Chief Operating Officer Christopher D. Krygier reported routine equity compensation activity. On May 8, 2026, 6,667 restricted shares of common stock vested, as noted in the footnotes. A portion of these shares, 2,743, was withheld to satisfy tax obligations related to the vesting, reflected as a tax-withholding disposition at $7.07 per share. Following these transactions, Krygier held 35,436 shares directly and 5,095.844 shares indirectly as trustee of The CKTJ Living Trust, indicating this is compensation and tax-related activity rather than open-market trading.
Global Water Resources, Inc. executive Robert J. Kuta, EVP Engineering & Environmental Resources, reported a routine share withholding related to equity compensation. On the vesting of 4,000 restricted shares, 1,720 shares of common stock were withheld at $7.07 per share to satisfy tax obligations, according to the footnote. Following this tax-withholding disposition, he directly holds 10,280 shares of common stock. This filing reflects compensation-related tax settlement rather than an open-market stock sale.
Global Water Resources, Inc. CFO and Corporate Secretary Michael J. Liebman reported routine equity compensation activity involving restricted stock vesting and related tax withholding. On the vesting date, he received 8,333 shares of common stock as a grant or award and 2,934 shares were withheld to cover tax obligations tied to that vesting. After these transactions, he directly held 91,999 shares of common stock. The disposition was not an open-market sale but a tax-withholding mechanism.
Global Water Resources, Inc. Vice President Jonathan C. Corwin reported routine equity compensation activity involving company common stock. On May 8, 2026, 2,000 restricted shares vested at a reference price of $7.07 per share and were acquired as a grant or award.
To cover related tax obligations on this vesting, 515 shares were withheld and disposed of as a tax-withholding transaction, rather than an open-market sale. After these transactions, Corwin directly holds 14,529 shares of Global Water Resources common stock, reflecting a modest, compensation-driven change in his ownership.
Global Water Resources, Inc. reported insider equity compensation activity for VP of IT Operations Steven D. Brill. On May 8, 2026, he received a grant of 2,000 shares of Common Stock at $7.07 per share as a restricted stock award that vested the same day.
To cover the related tax withholding obligation, 598 shares were disposed of by delivering shares back, rather than through an open-market sale. After these transactions, Brill directly holds 5,487.8754 shares of Global Water Resources common stock.
Global Water Resources, Inc. reported that President and CEO Ronnie L. Fleming received a grant of 10,000 shares of common stock as restricted shares that vested on May 8, 2026. To cover related tax obligations, 3,656 shares were withheld at a value of $7.07 per share, a non-market tax-withholding disposition. After these compensation-related entries, Fleming directly owns 112,643 shares of Global Water Resources common stock.
Global Water Resources, Inc. senior vice president of Water Resources John Carroll Lenderking reported routine equity compensation activity. On May 8, 2026, he acquired 2,000 shares of common stock as a grant at $7.07 per share. The filing notes these shares were restricted shares that vested on that date, and that 723 shares were withheld to cover the related tax withholding obligation. After these transactions, Lenderking directly held 9,379 common shares of Global Water Resources.
Corwin Jonathan C. reported acquisition or exercise transactions in this Form 4 filing.
Global Water Resources, Inc. Vice President Jonathan C. Corwin reported a compensation-related award of derivative securities. On April 30, 2026, he received 2 Restricted Stock Units (RSUs), each economically equivalent to one share of Global Water Resources common stock, at a price of $0.00 per unit. The RSUs are exercisable at the time they vest and do not have a set expiration date. Following this award, his directly held RSU balance rose to 676 units, all tied to the company’s common stock.