Form 4: Middlesex Water Co Director Kim C. Hanemann Reports Stock Acquisition

Director Kim C. Hanemann acquired 702 shares of Middlesex Water Co stock at $64.10 per share on April 1, 2025, increasing their direct holdings.

Summary

• On April 1, 2025, Kim C. Hanemann, a director of Middlesex Water Co, acquired 702 shares of common stock.
• The acquisition price was $64.10 per share.
• This transaction increased Hanemann's direct ownership to 2,502 shares of common stock.
• The acquisition was made under the Issuer's Outside Director Stock Compensation Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, but the impact is limited without further context.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Director stock acquisitions are common and are often viewed as a sign of confidence in the company's prospects. The specific impact depends on the size of the transaction relative to the director's existing holdings and the overall market sentiment.

Stakeholder Impact

• The stock purchase could have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Middlesex Water Co, Director, Stock Acquisition, Form 4, Hanemann, MSEX