Form 4: Middlesex Water Co Director Amy B. Mansue Acquires Shares
SEC Form 4 Filing
Director Amy B. Mansue acquired 857 shares of Middlesex Water Co stock at $52.50 per share on April 1, 2024.
Summary
- On April 1, 2024, Amy B. Mansue, a director of Middlesex Water Co, acquired 857 shares of common stock.
- The shares were purchased at a price of $52.50 per share.
- Following the transaction, Ms. Mansue directly owns 9,642 shares of Middlesex Water Co.
- The transaction was executed under the Issuer's Outside Director Stock Compensation Plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction by a company director, which doesn't inherently indicate positive or negative sentiment but suggests confidence.
Positives
- Director's purchase may signal confidence in the company's future.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's prospects, although they don't always indicate a definitive trend.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date used to determine the price of the stock in accordance with the Issuer's Outside Director Stock Compensation Plan. |
| 04/01/2024 | Date of the transaction where Amy B. Mansue acquired shares of Middlesex Water Co. |
| 04/02/2024 | Date of signature for the Form 4 filing. |
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