4/A: Middlesex Water Co Director Joshua Bershad Amends Previous SEC Filing

Sentiment:

SEC Filing Amendment


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

Summary

  • Joshua Bershad, a director of Middlesex Water Co, filed an amended SEC Form 4 on March 14, 2025, to correct information regarding beneficial ownership of the company's common stock.
  • The amendment addresses an error in the original Form 4 filed on April 5, 2022, which incorrectly reported the number of securities indirectly beneficially owned.
  • The error included 81,667 shares of Common Stock directly owned by a charitable organization exempt from federal income taxes pursuant to Section 501(c)(3) of the Internal Revenue Code.
  • Mr. Bershad serves as trustee and has voting power over a family trust.
  • His wife serves as a trustee of the Charity.
  • The transactions reported include the acquisition of 333 shares of common stock at $105.17 on April 1, 2022, under the Issuer's Outside Director Stock Compensation Plan.
  • The filing also details indirect ownership through street name holdings, a family trust, and custodial accounts for Mr. Bershad's children.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to insider trading and beneficial ownership, which is common for publicly traded companies like Middlesex Water Co. It ensures transparency and compliance with SEC regulations.

Stakeholder Impact

  • The correction of the filing ensures accurate information is available to shareholders regarding insider ownership.

Key Dates

DateDescription
04/01/2022Acquisition of 333 shares of common stock at $105.17
04/05/2022Date of original Form 4 filing that contained an error
03/14/2025Date of amended filing

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