HOGLUND ROBERT N 4

What Happened Robert N. Hoglund, a director of Middlesex Water Co. (MSEX), made an open-market purchase of 2,000 shares on February 27, 2026. The shares were acquired at $54.31 per share, for a total transaction value of $108,619. This was a purchase (transaction code P), which is generally viewed as a direct insider buy rather than a sale or derivative transaction.

Key Details

• Transaction date: 2026-02-27
• Transaction type/code: Open-market purchase (P)
• Price per share: $54.31
• Shares purchased: 2,000
• Total value: $108,619
• Shares owned after transaction: Not specified in the provided filing
• Footnotes/plan: No 10b5-1 plan, tax withholding, or other footnotes disclosed in the provided details
• Filing timeliness: Report filed on 2026-02-27 (same day as the reported transaction)

Context Open-market purchases by company directors show direct buying interest but do not by themselves explain motivation or timing. This was a straight buy (not an option exercise, award, or gift). Retail investors often view insider purchases as one data point among many when assessing management confidence, but they should be considered alongside company fundamentals and other news.