STOCK TITAN

Artesian Resources (ARTNA) insider files to sell 15,000 Class A shares

(Neutral)
(Neutral)
Form Type
144

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.

Positive

  • None.

Negative

  • None.
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
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.

How many Artesian Resources (ARTNA) shares are proposed to be sold?

The filing contemplates the potential sale of 15,000 shares of Artesian Resources Corporation Class A common stock. This amount represents the maximum number of shares covered by the notice of proposed sale under the Form 144 submitted through UBS Financial Services.

When is the proposed sale date for the ARTNA shares under Form 144?

The proposed sale date for the Artesian Resources Corporation Class A shares is August 14, 2026. This date appears in the sale information section and indicates when the filer expects the Nasdaq-traded shares could begin to be sold under the Form 144 notice.

What is the source of the ARTNA shares being sold under this Form 144?

The shares originate from 401(k) employer stock accumulated over several years. The filing lists multiple annual acquisitions of Artesian Resources Corporation Class A shares from 2003 through 2012, each acquired from the company for cash within a retirement plan.

Which broker is handling the proposed ARTNA share sale?

The proposed sale of Artesian Resources Corporation Class A shares is associated with UBS Financial Services Inc., located at 1000 Harbor Blvd, 3rd Floor, Weehawken, NJ 07086. This firm is identified in the securities information section of the Form 144 notice.

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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature