Form 4: Middlesex Water Co Director Acquires Additional Shares
SEC Form 4 Filing
James F. Cosgrove, Jr., a director of Middlesex Water Co, acquired 702 shares of common stock at $64.1 per share on April 1, 2025.
Summary
- On April 1, 2025, James F. Cosgrove, Jr., a director of Middlesex Water Co, acquired 702 shares of common stock.
- The acquisition was made at a price of $64.1 per share.
- Following the transaction, Cosgrove directly owns 10,199 shares of Middlesex Water Co common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a routine transaction.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider trading activity is closely monitored by regulators and investors as it can provide insights into the company's performance and future prospects. Form 4 filings are a routine part of this monitoring process.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of the transaction: James F. Cosgrove, Jr. acquired 702 shares of common stock. |
Keywords
Middlesex Water Co, Director, Stock Acquisition, Form 4, MSEX, Insider Trading
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