[Form 3] Artesian Resources Corp Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Artesian Resources Corp (ARTNA) – SEC Form 3 filing

The filing discloses the initial beneficial ownership of Salvatore J. Rossi Jr., who is identified as a Director of the company. According to Table II, Mr. Rossi holds a restricted-stock grant covering 1,000 shares of Class A non-voting common stock. The award carries an exercise price of $0, becomes exercisable on 05-05-2026, and expires on 05-06-2026. No non-derivative (direct share) ownership is reported in Table I, and there is no indication of indirect ownership through other entities.

The document is routine, contains no financial performance data, and does not describe any transactions beyond the reporting of this equity award. Consequently, the filing has limited market impact but provides transparency regarding insider equity incentives and alignment.

Positive

• Director equity alignment: 1,000 restricted shares grant provides some incentive link between the new director and shareholders.

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine Form 3; 1,000 restricted shares granted to new director—immaterial to valuation.

The Form 3 establishes Salvatore J. Rossi Jr. as a reportable insider and records a single restricted-stock grant for 1,000 Class A non-voting shares, exercisable in May 2026 at a zero strike. With ARTNA’s average daily volume and current share count, this represents a negligible ownership stake. No outright share purchase or sale occurred, so liquidity and trading dynamics remain unchanged. From a governance standpoint, the grant aligns the director’s incentives with shareholders, but the small size limits practical influence on strategic decisions. Overall, I classify the disclosure as not impactful to the investment thesis.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Rossi Salvatore J JR

(Last) (First) (Middle)

4 HEARTH LANE

(Street)

WILMINGTON DE 19807

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/01/2025

3. Issuer Name and Ticker or Trading Symbol
ARTESIAN RESOURCES CORP [ ARTNA ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Grant	05/05/2026	05/06/2026	Class A Non-voting Common Stock	1,000	$0	D

Explanation of Responses:

	Salvatore J. Rossi, Jr	07/10/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 3 for ARTNA disclose?

It reported Director Salvatore J. Rossi Jr.’s initial ownership: a grant of 1,000 restricted Class A non-voting shares exercisable in May 2026.

Does the filing show any direct common stock owned by the director?

No. Table I lists no non-derivative (direct) share ownership.

When can the restricted shares be exercised?

The award becomes exercisable on 05-05-2026 and expires on 05-06-2026.

Is this filing likely to impact ARTNA’s stock price?

It is routine and involves a small number of shares, so material market impact is unlikely.

Why is a Form 3 filed?

Form 3 is required when an individual becomes an insider (director, officer, or >10% holder) to disclose initial beneficial ownership under Section 16(a).