MIDDLESEX WATER CO 8-K

What Happened
Middlesex Water Company (MSEX) filed an 8‑K (Dec 22, 2025) reporting that on December 19, 2025 the board elected Robert Hoglund as a director, effective January 1, 2026. Mr. Hoglund was appointed to the Board’s Audit Committee and Enterprise Risk Committee and is described as an independent director. On the same date the company entered into amendments to the employment agreements for Senior VP, CFO & Treasurer Mohammed G. Zerhouni and VP & COO Gregory Sorensen.

Key Details

• Robert Hoglund elected to the Board on Dec 19, 2025; directorship effective Jan 1, 2026; assigned to Audit Committee and Enterprise Risk Committee.
• Mr. Hoglund is independent and will participate in director compensation described in the company’s 2025 proxy (filed Apr 10, 2025).
• Employment Agreement Amendments (entered Dec 19, 2025) for Mohammed G. Zerhouni and Gregory Sorensen provide for: (a) compensation (including a lump‑sum payment and continuation of certain benefits) if terminated without cause or if the executive resigns for good reason; and (b) eligibility for annual short‑term incentive compensation.
• The 8‑K filed copies of the two employment agreement amendments and an accompanying press release as exhibits.

Why It Matters
A new independent director on the Audit and Enterprise Risk Committees can affect oversight of financial reporting and risk management — areas important to investors. The employment agreement amendments formalize severance protections and incentive eligibility for the company’s CFO and COO; while the filing describes the types of payments and benefits, it does not disclose dollar amounts. Investors should review the filed amendment exhibits and the referenced proxy for full compensation details and monitor future disclosures if any severance or incentive payments are triggered.