Capko Robert John 4

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.