Duchemin-Leslie Nadine 4

What Happened
Nadine Duchemin-Leslie, President and CEO of Middlesex Water Co. (MSEX), was awarded 4,630 shares on March 1, 2026. The shares are valued at $54.00 each (total value $250,020), reported on a Form 4 filed March 2, 2026. This was an award/grant (transaction code A) under her employment arrangement, not an open-market purchase.

Key Details

• Transaction date: 2026-03-01; Form 4 filed: 2026-03-02 (appears timely).
• Shares awarded: 4,630; per-share price used: $54.00 (price as of close on Feb 27, 2026).
• Reported total value: $250,020.
• Footnotes: F1 — award made pursuant to an Employment Agreement; F2 — $54.00 is prior trading-day close price used for valuation.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Transaction code: A (award/grant); no sale, exercise, or 10b5-1 plan noted in this report.

Context
This is a compensation-related equity award under an employment agreement — common for executives and generally reflects compensation, not a direct market signal like an insider purchase or sale. Awards can be subject to vesting or other restrictions (not detailed here); consult the full Form 4 or company proxy for vesting/restriction terms if relevant.