4/A: Middlesex Water Co Director Amends Filing to Correctly Report Beneficial Ownership

Sentiment:

SEC Form 4/A (Amendment)


Joshua Bershad, a director of Middlesex Water Co, amended a previous SEC Form 4 filing to correct the number of securities indirectly beneficially owned.

Summary

  • Joshua Bershad, a director of Middlesex Water Co, filed an amended Form 4 with the SEC.
  • The amendment corrects the number of securities indirectly beneficially owned, specifically addressing shares held by a charitable organization.
  • The original filing incorrectly included 81,667 shares of Common Stock owned by a charitable organization exempt from federal income taxes.
  • The director acquired 857 shares of Common Stock at $52.50 on April 1, 2024.
  • The director directly owns 3,356 shares of Common Stock.
  • The director indirectly owns 17,333 shares through a family trust and 15,631 shares through custodial accounts for his children.
  • His spouse owns 21,580 shares of Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't convey any particularly positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider trading and beneficial ownership, which is a common practice for publicly traded companies. It doesn't necessarily indicate a trend in the water utility industry but rather reflects individual investment decisions and compliance with SEC regulations.

Key Dates

DateDescription
03/28/2024Date used to determine the price of shares acquired in accordance with the Issuer's Outside Director Stock Compensation Plan.
04/01/2024Date of transaction where 857 shares of Common Stock were acquired at $52.50.
04/02/2024Date of original Form 4 filing that was amended.
03/14/2025Date of signature on the amended filing.

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