Duchemin-Leslie Nadine 4

What Happened Nadine Duchemin-Leslie, President and CEO of Middlesex Water Co (MSEX), was granted 12,675 restricted shares on April 1, 2026. The award is recorded at $52.05 per share for a total value of approximately $659,734. This transaction is coded as an acquisition/award (Form 4 code A) and represents compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-04-01; Price per share: $52.05; Total value: ~$659,734.
• Shares granted: 12,675 restricted shares (footnote F1: represents the number of restricted shares awarded for the current year).
• Shares owned after transaction: not specified in the filing.
• Filing date / timeliness: Report filed 2026-04-01 (same date as transaction) — appears timely.
• Transaction type: Award/compensation (not a sale, gift, or option exercise).

Context Restricted stock awards are a common form of executive compensation and typically vest over time; they increase an insider’s reported holdings but do not indicate an immediate market purchase. The filing shows an award for the current year (per footnote) and does not indicate any immediate sale or tax-withholding disposition.