Form 4: Middlesex Water Co Officer Reports Stock Transactions

Robert John Capko, PAO & Controller of Middlesex Water Co, reports acquisition and disposal of company stock on April 1, 2024.

Summary

• On April 1, 2024, Robert John Capko, PAO & Controller of Middlesex Water Co, reported transactions involving the company's common stock.
• Capko acquired 498 shares of restricted stock at $52.50 per share.
• 229 shares of restricted stock originally awarded vested on the same date.
• Capko disposed of 229 shares at $52.50 per share related to the vesting of restricted stock.
• 143 shares were released to Capko after surrendering shares to cover tax withholding obligations related to the vesting of restricted stock.
• Following these transactions, Capko directly owns 1,284 shares of common stock and 143 shares of common stock (book entry).

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company officer. It doesn't inherently convey positive or negative sentiment.

Positives

• The acquisition of restricted stock indicates continued investment in the company by a key officer.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's confidence in the company's prospects.

Stakeholder Impact

• Shareholders may be interested in the trading activity of company insiders as an indicator of management's view of the company's value.

Key Dates