MIDDLESEX WATER CO·4

Apr 1, 12:21 PM ET

Simpson Georgia M 4

4 · MIDDLESEX WATER CO · Filed Apr 1, 2026

Research Summary

AI-generated summary of this filing

Updated

Middlesex Water (MSEX) VP-IT Georgia Simpson Receives Restricted Stock

What Happened

  • Georgia M. Simpson, Vice President — IT at Middlesex Water (MSEX), was awarded 2,140 restricted shares on 2026-04-01 at an indicated price of $52.05 per share (award value ≈ $111,387).
  • The same filing shows 759 shares were disposed (other acquisition/disposition) and 338 shares are reported in connection with payment of tax liability — together 1,097 shares at $52.05 each (total ≈ $57,099) were surrendered/used for withholding or tax payment related to the award. These entries reflect issuance and withholding tied to restricted stock, not open-market trades.

Key Details

  • Transaction date: 2026-04-01; price per share shown: $52.05.
  • Award: 2,140 shares (A) — value ≈ $111,387.
  • Withholding/surrender: 759 shares (J) disposed — $39,506; 338 shares (F) for tax/payment — $17,593; total withheld ≈ $57,099 (1,097 shares).
  • Footnotes: F1 = current-year restricted stock award; F2 = previously awarded shares vested; F3 = shares surrendered to issuer to satisfy tax withholding on vesting.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Filing/timeliness: Report filed 2026-04-01 (same date as reported transactions), indicating a same-day filing.

Context

  • This filing documents a restricted stock award and the routine withholding/surrender of shares to meet tax obligations on vesting. These are compensation-related events rather than open-market purchases or sales, so they don't directly signal insider market timing or sentiment.

Insider Transaction Report

Form 4
Period: 2026-04-01
Transactions
  • Award

    Common Stock (Restricted Stock Book)

    [F1]
    2026-04-01$52.05/sh+2,140$111,3876,323 total
  • Other

    Common Stock (Restricted Stock Book)

    [F2]
    2026-04-01$52.05/sh759$39,5065,564 total
  • Tax Payment

    Common Stock (Book)

    [F3]
    2026-04-01$52.05/sh+338$17,5931,057 total
Holdings
  • Common Stock (DRP)

    12.485
  • Common Stock (Street)

    200
Footnotes (3)
  • [F1]Represents the number of shares of Restricted Stock awarded for the 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 the 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 Georgia M. Simpson|2026-04-01

Documents

1 file
  • 4
    wk-form4_1775060467.xmlPrimary

    FORM 4