Ginegaw Lorrie Beth 4

What Happened
Lorrie Beth Ginegaw, Vice President, Human Resources at Middlesex Water (MSEX), was granted 2,017 restricted shares on 2026-04-01 valued at $52.05 each (total ≈ $104,985). On the same date, 823 shares were disposed of (surrendered) at $52.05 per share (≈ $42,837) and 364 shares were recorded for payment of tax liability at $52.05 (≈ $18,946). This filing reflects an award/vesting event rather than an open-market buy or sale.

Key Details

• Transaction date: 2026-04-01; per-share price reported: $52.05.
• Award: 2,017 shares (code A) — total value ≈ $104,985.
• Surrender/Disposition: 823 shares (code J) — value ≈ $42,837 (used to satisfy withholding).
• Tax payment: 364 shares (code F) — value ≈ $18,946 (payment of tax liability/exercise price).
• Footnotes provided: F1 = current-year restricted stock award; F2 = shares of prior award that vested; F3 = shares surrendered to issuer to satisfy tax withholding.
• Shares owned after the transactions: not specified in the provided excerpt of the filing — see full Form 4 for the post-transaction beneficial ownership.
• Filing timeliness: Reported and filed with the SEC on 2026-04-01 (timely).

Context
This appears to be a restricted stock award and associated withholding/settlement activity. Surrendering shares to cover tax withholding is a routine administrative step and does not equate to an open-market sale indicating negative sentiment. For investors, awards signal company compensation practices but are not direct market bets by the insider.