Form 4: Middlesex Water VP Sells Common Stock

Middlesex Water Co. VP of HR, Lorrie Beth Ginegaw, reported the sale of 650 shares of common stock at $50.9188 per share.

Summary

• Lorrie Beth Ginegaw, VP-HR of Middlesex Water Co. (MSEX), reported a transaction on November 18, 2025.
• The transaction involved the direct disposition (sale) of 650 shares of Common Stock (Book).
• The shares were sold at a price of $50.9188 per share, totaling approximately $33,097.72.
• Following the transaction, Ms. Ginegaw directly beneficially owns 3,709 shares of Common Stock (Book).
• Additional direct beneficial ownership includes 4,234 shares of Common Stock (Restricted Stock Book), 520.9429 shares of Common Stock (DRP), and 355 shares of Common Stock (Held in Street Name).

Sentiment

Score: 5

Explanation: A Form 4 filing detailing an insider stock sale is a factual report of a transaction and does not inherently convey positive or negative sentiment about the company's performance or outlook.

Positives

• No specific positive financial or operational developments are indicated by this routine insider transaction.

Negatives

• Insider sales, while often routine, can sometimes be interpreted as a lack of confidence, though the amount here is relatively small compared to total holdings.

Future Outlook

This filing is a report of an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing reports an individual insider transaction and does not provide broader industry context or trends. It is a routine disclosure of an executive's personal stock activity.

Stakeholder Impact

• Shareholders: The sale represents a minor reduction in insider ownership, which is generally not considered significant enough to impact shareholder confidence or company strategy.

Key Dates

Recommendation

This Form 4 reports a routine insider sale by a VP of HR. Such transactions are common and typically reflect personal financial planning rather than a change in the company's fundamental outlook. Without additional context from financial reports or strategic announcements, this filing does not warrant a change in investment recommendation.

Keywords

Middlesex Water Co., MSEX, Insider Transaction, Form 4, Stock Sale, Executive Compensation