MSEX.NASDAQMiddlesex Water CO

Form 4: Middlesex Water Co CEO Nadine Duchemin-Leslie Reports Stock Transaction

Sentiment:

SEC Form 4 Filing

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Nadine Duchemin-Leslie, President and CEO of Middlesex Water Co, reports the disposition of 2,475 shares of common stock to cover tax obligations.

Summary

  • On March 5, 2025, Nadine Duchemin-Leslie, the President and CEO of Middlesex Water Co, reported a transaction involving the company's common stock.
  • The transaction involved the disposition of 2,475 shares to cover tax obligations arising from the vesting of a stock award.
  • The price per share was $58.03, based on the closing price on March 3, 2025.
  • Following the transaction, Duchemin-Leslie directly owns 4,793 shares of Middlesex Water Co stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations arising from stock awards, a common practice in executive compensation.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates

DateDescription
03/03/2025Date of the closing price used to determine the value of the shares disposed of.
03/05/2025Date of the stock transaction (disposition of shares).

Keywords

Middlesex Water Co, Nadine Duchemin-Leslie, Form 4, Stock Transaction, Executive Compensation, Beneficial Ownership, MSEX

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