Form 4: Middlesex Water Co. Executive Robert Fullagar Reports Stock Transactions

Robert Fullagar, President-NJ Operations at Middlesex Water Co., reports acquisition and disposal of common stock, including restricted stock, on April 1, 2025.

Summary

• On April 1, 2025, Robert K. Fullagar, President-NJ Operations of Middlesex Water Co., reported transactions involving the company's common stock.
• Fullagar acquired 1,404 shares of restricted stock at $64.1 per share.
• He also disposed of 687 shares of restricted stock that vested at $64.1 per share.
• Additionally, 304 shares were acquired at $64.1 per share.
• Following these transactions, Fullagar directly owns 903 shares of common stock in book entry form, 61.0164 shares through a dividend reinvestment plan (DRP), and 400 shares held in street name.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, and the transactions themselves don't necessarily indicate positive or negative sentiment. It's a neutral reporting of facts.

Positives

• The acquisition of restricted stock suggests confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.

Comparison to Industry Standards

• Form 4 filings are a standard regulatory requirement for publicly traded companies in the United States, ensuring transparency in insider trading activities.
• Similar filings are required for executives at comparable companies like American Water Works (AWK) and Essential Utilities (WTRG).

Stakeholder Impact

• The transactions provide shareholders with insight into the actions of company leadership.

Key Dates

Keywords

Form 4, Middlesex Water Co, Robert Fullagar, Stock Transactions, Restricted Stock, Beneficial Ownership, Insider Trading