Form 4: Middlesex Water Co. Executive Bernadette M. Sohler Reports Stock Transactions

Bernadette M. Sohler, VP-Corporate Affairs at Middlesex Water Co., reports acquisition and disposal of common stock and restricted stock on April 1, 2024.

Summary

• On April 1, 2024, Bernadette M. Sohler, VP-Corporate Affairs at Middlesex Water Co., reported transactions involving the company's stock.
• Sohler acquired 904 shares of restricted stock at $52.50 per share.
• She also disposed of 848 shares of restricted stock at $52.50 per share, representing vested shares.
• Additionally, 377 shares were surrendered back to the issuer at $52.50 per share to cover tax withholding obligations related to the vesting of restricted stock.
• Following these transactions, Sohler directly owns 3,952 shares of common stock and 1,721 shares of common stock (book entry).

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports stock transactions by an executive, which is a routine occurrence. There is no indication of positive or negative implications for the company's performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, and beneficial owners) trade their company's stock. These filings provide transparency into insider activity and can be scrutinized by investors for signals about the company's prospects.

Key Dates