Director Cohn Buys $1.23M of GWRS Stock at $8.85
GWRS sits 36% above its 52-week low of $6.55.
Summary
Director Andrew M. Cohn bought $1.23 million of Global Water Resources stock at $8.85 per share, matching the company's recent private placement price.
Key Events · Ownership and Investor Activity · GWRS
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Director Buys $1.23M in Open Market
Andrew M. Cohn purchased 139,343 shares at $8.85 per share on August 20, 2026, totaling $1,233,185.55.
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Purchase Matches Private Placement Price
The $8.85 purchase price matches the company's $10 million private placement of 1.13 million shares announced the same day, suggesting alignment with the financing.
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Additional Restricted Stock Award
Cohn also received 800 restricted shares at $8.91 per share on August 19, 2026, valued at $7,128, fully vested upon grant.
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Post-Transaction Holdings
Following the transactions, Cohn directly holds 2,702,150 shares, plus 42,150 shares indirectly through family relationships.
Analysis · GWRS · Energy & Transportation
Director Andrew M. Cohn purchased 139,343 shares at $8.85 per share on August 20, 2026, totaling $1.23 million. This is a real open-market purchase, not an option exercise or grant, and it comes just one day after the company raised $10 million in a private placement at $8.85 per share. The purchase represents roughly 0.49% of the company's market cap, a meaningful commitment from a board member. The transaction price matches the private placement price, suggesting the director participated in or aligned with the company's recent financing.
At the time of this filing, GWRS was trading at $8.88 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $255.7M. The 52-week trading range was $6.55 to $11.17. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.