Global Water Resources, Inc.
For the period ended Sep 30, 2025. Filed Nov 12, 2025.
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Sep 30, 2025 · Filed Nov 12, 2025
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16. Transactions With Related Parties
- Transactions With Related Parties
The Company provides medical benefits to employees through its participation in a pooled plan sponsored by an affiliate of a significant shareholder and director of the Company. Medical claims paid to the plan were approximately $0.5 million and $0.3 million for the three months ended September 30, 2025 and 2024, respectively. Medical claims paid to the plan were approximately $1.5 million and $0.8 million for the nine months ended September 30, 2025 and 2024, respectively.
Certain directors and/or their affiliates purchased an aggregate of 1,439,200 shares of common stock at the public offering price in the Company’s public offering of common stock in March 2025. In addition, certain directors and/or their affiliates purchased an aggregate of 882,223 shares of common stock at a purchase price of $10.30 in the Company’s private placement offering of common stock in September 2025. Refer to Note 9 — “Equity,” for additional information.
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