Form 4: Middlesex Water Co: Officer Capko Reports Stock Transactions

Robert John Capko, PAO & Controller of Middlesex Water Co, reports acquisition and disposal of company stock on April 1, 2025.

Summary

• Robert John Capko, PAO & Controller of Middlesex Water Co, filed a Form 4 detailing changes in beneficial ownership.
• On April 1, 2025, Capko acquired 889 shares of restricted stock at $64.1 per share.
• On the same day, 211 shares of restricted stock vested and 134 shares were released to satisfy tax obligations.
• Following these transactions, Capko directly owns 1,962 shares of common stock and 134 shares of common stock (book).

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company officers and their holdings in the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The transactions reported are typical for executive compensation, involving restricted stock awards and vesting schedules.
• Similar filings can be observed for officers at comparable water utility companies such as American Water Works (AWK) and Essential Utilities (WTRG).

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders.
• The filing provides transparency to shareholders regarding insider activity.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Restricted Stock, MSEX, Middlesex Water Co, Capko, Insider Trading