MIDDLESEX WATER CO·4

Apr 1, 12:21 PM ET

Simpson Georgia M 4

Research Summary

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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.