Form 4: Middlesex Water Co Director Vaughn L. McKoy Reports Stock Acquisition

Director Vaughn L. McKoy reports acquiring 857 shares of Middlesex Water Co at $52.50 on April 1, 2024.

Summary

• On April 1, 2024, Vaughn L. McKoy, a director of Middlesex Water Co, acquired 857 shares of common stock at a price of $52.50 per share.
• Following this transaction, McKoy directly owns 1,991 shares of Middlesex Water Co.
• The acquisition was made under the Issuer's Outside Director Stock Compensation Plan, with the price determined at the close of business on March 28, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, but the purchase is part of a pre-existing compensation plan.

Positives

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

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects. Director's purchases are often seen as a positive sign.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates