Global Water Resources Elects New Director, Reports Executive Compensation
Ticker: GWRS · Form: 8-K · Filed: May 15, 2024 · CIK: 1434728
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
Related Tickers: GWRS
TL;DR
New director Michael L. Smith joins GWRS board; executive pay details disclosed.
AI Summary
Global Water Resources, Inc. announced on May 9, 2024, a change in its board of directors. Specifically, Michael L. Smith was elected as a director, and he will serve on the Audit Committee and the Compensation Committee. Additionally, the company reported on compensatory arrangements for its named executive officers.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, while executive compensation details are important for understanding management incentives and potential shareholder value.
Risk Assessment
Risk Level: low — The filing primarily concerns board appointments and executive compensation, which are routine corporate governance matters.
Key Players & Entities
- Global Water Resources, Inc. (company) — Registrant
- Michael L. Smith (person) — Elected Director
- Audit Committee (company) — Committee Membership
- Compensation Committee (company) — Committee Membership
- named executive officers (person) — Subject of compensation reporting
FAQ
Who was elected to the Global Water Resources, Inc. board of directors?
Michael L. Smith was elected to the board of directors.
What committees will Michael L. Smith serve on?
Michael L. Smith will serve on the Audit Committee and the Compensation Committee.
What is the exact date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is May 9, 2024.
In which state was Global Water Resources, Inc. incorporated?
Global Water Resources, Inc. was incorporated in Delaware.
What is the principal executive office address for Global Water Resources, Inc.?
The address of the principal executive offices is 21410 N. 19th Avenue #220, Phoenix, Arizona 85027.
Filing Stats: 580 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-05-15 17:21:34
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share GWRS The NASDAQ Stock Market,
Filing Documents
- gwrs-20240509.htm (8-K) — 29KB
- gwri2020omnibusincentivepl.htm (EX-10.1) — 7KB
- 0001434728-24-000161.txt ( ) — 188KB
- gwrs-20240509.xsd (EX-101.SCH) — 2KB
- gwrs-20240509_def.xml (EX-101.DEF) — 15KB
- gwrs-20240509_lab.xml (EX-101.LAB) — 26KB
- gwrs-20240509_pre.xml (EX-101.PRE) — 15KB
- gwrs-20240509_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 First Amendment to the Global Water Resources, Inc. 2020 Omnibus Incentive Plan 104 Cover Page Interactive Data File (formatted as Inline XBRL)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GLOBAL WATER RESOURCES, INC. Date: May 15, 2024 /s/ Michael J. Liebman Michael J. Liebman Chief Financial Officer