Artesian Resources SVP reports 1,000-share sale at $32.92

Rhea-AI Filing Summary

John M. Thaeder, Senior Vice President of Artesian Resources Corp (ARTNA), reported an insider sale on 08/21/2025. He disposed of 1,000 shares of Class A Non-voting Common Stock at an average price of $32.9211, leaving him with 22,592 shares beneficially owned following the transaction. The Form 4 was signed on 08/22/2025. No derivative transactions or other changes are reported in this filing.

Positive

• Continued ownership: Reporting person retains 22,592 shares after the sale.

Negative

• Insider sale: Disposed of 1,000 shares at $32.9211 on 08/21/2025, reducing holdings.

Insights

Corporate Governance Expert

TL;DR: A routine insider sale by a senior officer reduced holdings modestly; no governance red flags present in the filing.

The filing shows a single open-market sale of 1,000 Class A non-voting shares at $32.9211 on 08/21/2025, with the reporting person retaining 22,592 shares. The disclosure is straightforward and complete for this transaction; there are no amendments, related derivative activities, or indications of planned trading programs disclosed.

Securities Analyst

TL;DR: Insider sold a small portion of holdings; transaction size appears routine and provides limited new information on company performance.

From an investor-signaling perspective, the sale is measurable but not large relative to typical insider positions. The Form 4 documents price and share count explicitly and does not report any contemporaneous acquisitions or option exercises that would materially alter the officer's stake.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

THAEDER JOHN M

(Last) (First) (Middle)

605 MILLERS HL

UNIT 114

(Street)

KENNETT SQUARE PA 19348

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Non-voting Common Stock	08/21/2025		S		1,000	D	$32.9211	22,592	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	John M. Thaeder	08/22/2025
	** 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 4 (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 transaction did John M. Thaeder report on Form 4 for ARTNA?

He reported a sale of 1,000 Class A non-voting shares on 08/21/2025 at an average price of $32.9211.

How many ARTNA shares does the reporting person own after the transaction?

The Form 4 shows 22,592 shares beneficially owned following the reported sale.

What is John M. Thaeder's role at Artesian Resources (ARTNA)?

The filing lists him as Senior Vice President of Artesian Resources Corp.

Were any derivative securities reported in this Form 4 for ARTNA?

No derivative securities or option transactions are reported in the filing.

When was the Form 4 signed and filed?

The signature block shows the reporting person signed the Form 4 on 08/22/2025.