Capko Robert John 4
4 · MIDDLESEX WATER CO · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
Middlesex Water (MSEX) Controller Receives 1,679-Share Award
What Happened
- Robert John Capko, PAO & Controller of Middlesex Water Co. (MSEX), received a grant of 1,679 restricted shares on 2026-04-01, valued at about $87,392 (1,679 × $52.05). The filing also reports 193 previously awarded restricted shares vesting (value ~$10,046) and 83 shares surrendered/withheld to satisfy tax withholding (value ~$4,320).
- These entries are compensation-related (restricted stock award and vesting) rather than open-market purchases or sales; the surrender/withholding is a routine tax withholding event.
Key Details
- Transaction date: 2026-04-01; reported and filed the same day (timely).
- Prices reported: $52.05 per share for all line items.
- Shares reported:
- Awarded (A): 1,679 shares (F1) — new restricted stock award for the current year (~$87,392).
- Vested (J, per footnote F2): 193 shares vested (~$10,046).
- Withheld/surrendered for taxes (F, per footnote F3): 83 shares (~$4,320) surrendered to satisfy tax withholding.
- Shares owned after the transactions: not specified in the filing.
- Footnotes: F1 = current-year restricted stock award; F2 = shares originally awarded that vested; F3 = shares surrendered to issuer to cover tax withholding.
Context
- This is compensation activity (restricted stock grant and vesting). Surrenders/withholdings to cover taxes are routine and do not necessarily signal management sentiment about the stock.
- No option exercises, gifts, or open-market purchases/sales were reported in this filing.
Insider Transaction Report
Form 4Exit
Capko Robert John
PAO & Controller
Transactions
- Award
Common Stock (Restricted Stock Book)
[F1]2026-04-01$52.05/sh+1,679$87,392→ 3,641 total - Other
Common Stock (Restricted Stock Book)
[F2]2026-04-01$52.05/sh−193$10,046→ 3,448 total - Tax Payment
Common Stock (Book)
[F3]2026-04-01$52.05/sh+83$4,320→ 83 total
Footnotes (3)
- [F1]Represents the number of shares of Restricted Stock awarded for current year.
- [F2]Represents the number of shares of Restricted Stock originally awarded that have now vested.
- [F3]Represents the number of shares released to the awardee after choosing to surrender shares back to Issuer to satisfy the tax withholding obligations that arose in connection with the vesting of the Restricted Stock.
Signature
/s/Jay L. Kooper, Power of Attorney for Robert J. Capko|2026-04-01