Form 4: Middlesex Water Co Director Joshua Bershad Reports Stock Transactions
SEC Form 4 Filing
Director Joshua Bershad reports acquiring and disposing of Middlesex Water Co stock on April 1, 2024.
Summary
- Joshua Bershad, a director of Middlesex Water Co, filed a Form 4 detailing changes in beneficial ownership.
- On April 1, 2024, Bershad acquired 857 shares of common stock at $52.50 per share through book entry.
- Bershad also disposed of 857 shares of common stock on the same day.
- Following these transactions, Bershad directly owns 1,436 shares and indirectly owns 120,711 shares through street name and various family trusts and charitable foundations.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.
Stakeholder Impact
- Shareholders can use this information to understand the trading activity of a company director.
- This filing provides transparency into insider transactions, which can influence investor confidence.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of stock acquisition and disposal. |
| 04/02/2024 | Date of signature on the report. |
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