ARTESIAN RESOURCES CORP·4

May 6, 1:37 PM ET

Taylor Nicholle Renee 4

Research Summary

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Updated

ARTNA CEO Taylor Nicholle Renee Receives Vesting Award (1,000)

What Happened

  • Taylor Nicholle Renee, CEO, President and Director of Artesian Resources Corp (ARTNA), reported 1,000 restricted shares vesting on 2026-05-05 (acquisition at $31.41 each, $31,410 total). The same date shows a derivative disposition of 1,000 shares at the same price/value. This filing reflects a vesting event rather than an open-market buy or sale.

Key Details

  • Transaction date: 2026-05-05; reported on Form 4 filed 2026-05-06 (timely).
  • Price per share: $31.41; value of each line: $31,410.
  • Reported as code J (other acquisition/disposition) for the disposition and an acquisition entry for the vesting.
  • Footnote: vesting of restricted shares awarded on 05/05/2025.
  • Shares owned after the transaction: not provided in the supplied data.

Context

  • The acquisition entry represents restricted stock vesting (compensation), which is routine and not the same as an insider purchasing shares in the market. The simultaneous derivative disposition (code J) is often used for actions like tax withholding or net settlement related to vesting, though the Form 4 here does not specify the exact reason.