Insider Trading March 13, 2026

Global Water Resources director increases stake with $131,796 purchase

Andrew M. Cohn adds shares as company executes financing and continues monthly dividend program

By Nina Shah GWRS
Global Water Resources director increases stake with $131,796 purchase
GWRS

Andrew M. Cohn, a director at Global Water Resources, Inc. (NASDAQ:GWRS), made two recent purchases of company common stock in March 2026, including an $131,796 acquisition. The transactions leave Cohn with more than 2.56 million shares directly and 42,150 indirectly. The moves coincide with the stock trading near its 52-week low and follow recent corporate financing and dividend actions.

Key Points

  • Director Andrew M. Cohn bought 18,305 shares on March 13, 2026 at $7.20 per share, totaling $131,796.
  • Cohn also received 950 restricted shares on March 11, 2026 at $7.50 per share ($7,125); these awards are fully vested when granted.
  • Following the trades, Cohn directly owns 2,560,984.437 shares and indirectly holds 42,150 shares through shared family voting and dispositive power.

Director Andrew M. Cohn purchased a block of Global Water Resources, Inc. (NASDAQ:GWRS) common stock on March 13, 2026, acquiring 18,305 shares at $7.20 per share. The trade had a total value of $131,796 and occurred while the shares were trading close to their 52-week low of $7.12. The company’s stock had declined 9.7% over the preceding week.

In an earlier transaction on March 11, 2026, Cohn acquired an additional 950 shares of Global Water Resources at $7.50 per share, representing $7,125 in value. Those 950 shares were issued as restricted stock awards and are fully vested at grant.

After accounting for these purchases, Cohn’s direct ownership of Global Water Resources common stock stands at 2,560,984.437 shares. He also holds an indirect interest in 42,150 shares through a family relationship, where he shares voting and dispositive power over shares owned by his children.

The purchases come amid a backdrop of recent corporate actions. Global Water Resources declared a monthly cash dividend of $0.02533 per common share, which amounts to an annualized dividend rate of $0.30396 per share. The dividend is scheduled to be paid on March 31, 2026, to shareholders of record as of March 17, 2026.

On the financing front, the company entered into a $15 million term loan agreement with CoBANK, ACB, announced on December 10, 2025. The loan carries a fixed interest rate of 5.49% per annum, with interest payments due semi-annually beginning June 15, 2026. The term loan is scheduled to mature on December 10, 2035, and contains provisions that permit earlier repayment under specified Change in Control conditions.

External analysis cited in company-related research indicates that GWRS currently appears overvalued relative to its Fair Value, and that further ProTips are available for the stock, including notes on the company’s 10-year dividend growth streak and its current yield of 4.13%. The research notes that an extended Pro Research Report is available covering GWRS and a broad universe of other U.S. equities.

Taken together, the insider purchases, dividend declaration, and the $15 million term loan outline recent governance, capital allocation, and funding activity at Global Water Resources. The company’s stock movement near its 52-week low and the week-over-week decline are the market context for the director’s acquisitions.


Contextual note - The facts presented here are limited to the transactions, ownership figures, dividend terms, and financing terms as stated. Where public research or platform-specific analysis is referenced, it reflects the details reported alongside the company developments.

Risks

  • Share price volatility - GWRS was trading near its 52-week low of $7.12 and declined 9.7% over the past week, indicating market risk for equity investors.
  • Financing terms and covenants - The $15 million term loan with CoBANK, ACB, while fixed at 5.49% per annum, introduces longer-term funding obligations and potential change-in-control repayment provisions that could affect capital structure.
  • Valuation uncertainty - External analysis noted that GWRS appears overvalued relative to its Fair Value, which could affect investor returns and market sentiment.

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