Simpson Georgia M 4
Research Summary
AI-generated summary
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.