Artesian Resources (ARTNA) insider files to sell 15,000 Class A shares
Rhea-AI Filing Summary
Artesian Resources Corporation Class A has a notice of proposed sale of securities filed through UBS Financial Services Inc. The plan covers the potential sale of 15,000 shares of Class A stock, listed on Nasdaq, with an anticipated sale date of August 14, 2026.
The shares derive from long-term accumulation of 401(k) employer stock, with multiple acquisitions between 2003 and 2012 in cash-funded transactions, including 2,698 shares acquired in 2003 and additional lots in subsequent years.
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Key Figures
Proposed shares to be sold: 15,000 shares
Proposed sale date: 08/14/2026
2003 401(k) acquisition: 2,698 shares
+3 more
6 metrics
Proposed shares to be sold
15,000 shares
Maximum number of Artesian Resources Corporation Class A shares covered by the Form 144
Proposed sale date
08/14/2026
Anticipated date for potential sale of shares on Nasdaq
2003 401(k) acquisition
2,698 shares
Class A shares acquired as 401k employer stock on 12/31/2003 for cash
2004 401(k) acquisition
529 shares
Class A shares acquired as 401k employer stock on 12/31/2004 for cash
2006 401(k) acquisition
2,806 shares
Class A stock acquired from company on 12/31/2006 for cash in 401k
2012 401(k) acquisition
1,018 shares
Class A shares acquired as 401k employer stock on 12/31/2012 for cash
Key Terms
Form 144, 401k employer stock, Nasdaq
3 terms
Form 144 regulatory
"144: Securities To Be Sold Artesian Resources Corporation Class A"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
401k employer stock financial
"12/31/2003 | 401k employer stock | Acquired shares from company"
Nasdaq market
"08/14/2026 | Nasdaq 144: Securities To Be Sold"
The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.
FAQ
What does the Form 144 filing by ARTNA relate to?
The Form 144 relates to a proposed sale of 15,000 shares of Artesian Resources Corporation Class A stock through UBS Financial Services Inc., with the shares listed for trading on Nasdaq and an anticipated sale date in August 2026.
What historical acquisition transactions are disclosed for ARTNA in this filing?
The filing discloses annual acquisitions of 401(k) employer stock in Artesian Resources Class A from 2003 to 2012, including 2,698 shares in 2003, 2,806 shares in 2006, and other smaller lots, all acquired from the company for cash.
AI-generated analysis. How Rhea-AI works. Not financial advice.