Artesian Resources (ARTNA) VP Kelly Raymond Receives and Sells 750 Shares

What Happened Kelly Raymond, Vice President of Information Technology at Artesian Resources (ARTNA), reported the vesting of restricted stock on 2026-09-16. A total of 1,500 shares vested; 750 shares were recorded as an acquisition at $35.07 each (value $26,303) and 750 shares were recorded as a derivative disposition at $35.07 each (value $26,303).

Key Details

• Transaction date: 2026-09-16; filing date: 2026-09-17 (timely filing).
• Price per share: $35.07.
• Acquired: 750 shares @ $35.07 = $26,303.
• Disposed (derivative): 750 shares @ $35.07 = $26,303.
• Footnote F1: Vesting of restricted shares awarded on 09/16/2025.
• Shares owned after the transactions: not specified in the provided filing.

Context This filing reflects the vesting of previously awarded restricted shares. The derivative disposition reported alongside the acquisition is commonly used to satisfy tax withholding or similar obligations at vesting rather than an open-market sale. Such vesting/withholding events are routine and do not, by themselves, indicate a change in the insider’s view of the company.