Middlesex Water (MSEX) Director Joshua Bershad Distributes 6,900 Shares

What Happened Joshua Bershad, a director of Middlesex Water Co. (MSEX), reported an "other disposition" on 2026-08-11 consisting of 6,900 shares disposed at $0.00 (total proceeds $0). The filing indicates these shares were held indirectly in a family trust for which Mr. Bershad serves as trustee and were distributed to trust beneficiaries; Mr. Bershad received no consideration.

Key Details

• Transaction date: 2026-08-11; Form 4 filed 2026-08-12 (timely filing).
• Transaction type/code: "Other acquisition or disposition (J)" — disposition reported at $0.00 per share.
• Shares disposed: 6,900; reported proceeds: $0.
• Shares owned after transaction: Not specified in this filing.
• Notable footnotes:
  • F1: Shares were indirectly owned solely in trustee capacity and distributed to beneficiaries; no consideration received.
  • F2: Mr. Bershad disclaims beneficial ownership except to the extent of any pecuniary interest.
  • F3: Some shares were held in custodial accounts for family members.

Context This was a trust distribution rather than an open‑market sale, so it does not reflect a cash sale by the director. Distributions or gifts from trusts are administrative and do not necessarily indicate the insider's view of the company’s prospects.