Bershad Joshua 4

What Happened

• Joshua Bershad, a director of Middlesex Water Co. (MSEX), received an award of 865 shares on 2026-04-01. The award is reported at a price of $52.05 per share, for a total value of $45,023. This transaction is an acquisition via an outside director stock compensation plan (transaction code A).

Key Details

• Transaction date: 2026-04-01; Price used: $52.05 (close of business March 31, 2026, per plan) [F1]
• Shares acquired: 865; Total value reported: $45,023
• Shares owned after transaction: Not specified in the provided filing
• Footnotes: Mr. Bershad serves as trustee and has voting power over a family trust [F2]; some shares are held in custodial accounts for family members [F3]
• Timeliness: Filing date and period of report both 2026-04-01 — no late filing flag indicated

Context

• This was a compensatory grant to a non-employee director under the issuer’s Outside Director Stock Compensation Plan, a routine form of director pay rather than an open-market purchase. Grants to custodial or trust accounts are common and do not, by themselves, indicate personal trading decisions by the director.