4/A: Middlesex Water Co. Director Joshua Bershad Amends Form 4 Filing to Correctly Report Beneficial Ownership

Joshua Bershad, a director of Middlesex Water Co., filed an amended Form 4 to correct the number of securities indirectly beneficially owned, excluding shares owned by a charitable organization.

Summary

• Joshua Bershad, a director of Middlesex Water Co., filed an amendment to his Form 4 filing.
• The amendment corrects the number of securities indirectly beneficially owned.
• The original filing incorrectly included 81,667 shares of Common Stock directly owned by a charitable organization exempt from federal income taxes.
• Mr. Bershad serves as trustee and has voting power over a family trust.
• The filing also reports the acquisition of 443 shares of Common Stock at $79.02 per share on April 1, 2021, under the Issuer's Outside Director Stock Compensation Plan.
• The filing also shows the disposal of 1,920 shares of Common Stock (Street Name).

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing (Form 4 amendment) to correct a previous error. It doesn't contain any particularly positive or negative news, but the correction of information is generally viewed as a positive sign of transparency and compliance.

Industry Context

Form 4 filings are a routine part of compliance for company insiders, providing transparency into their transactions in the company's stock. Amendments are sometimes necessary to correct errors or omissions in the original filings.

Stakeholder Impact

• The correction of the Form 4 filing ensures accurate information is available to shareholders regarding insider transactions and beneficial ownership.

Key Dates