Artesian Resources (ARTNA) director updates stake with 2,000-share award shift
Rhea-AI Filing Summary
Artesian Resources Corp director John R. Eisenbrey Jr. reported a restructuring of equity awards involving Class A non-voting common stock. On May 5, 2026, 1,000 restricted shares vested (from an award dated 05/05/2025) and became 1,000 shares of Class A non-voting common stock at an indicated value of $31.41 per share, bringing his direct holdings in this class to 56,751 shares. On the same date, he also received a new grant of 1,000 restricted stock units tied to the same class, with no exercise price and a future vesting date in 2027, reflecting routine compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
EISENBREY JOHN R JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Grant | 1,000 | $31.41 | $31K |
| Other | Restricted Stock Grant | 1,000 | $31.41 | $31K |
| Other | Class A Non-voting Common Stock | 1,000 | $31.41 | $31K |
Holdings After Transaction:
Restricted Stock Grant — 1,000 shares (Direct);
Class A Non-voting Common Stock — 56,751 shares (Direct)
Footnotes (1)
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Key Figures
Vested restricted shares: 1,000 shares
New restricted stock grant: 1,000 shares
Per-share value for awards: $31.41 per share
+2 more
5 metrics
Vested restricted shares
1,000 shares
Restricted shares awarded 05/05/2025 vesting on 05/05/2026
New restricted stock grant
1,000 shares
Grant dated 05/05/2026 with vesting in 2027
Per-share value for awards
$31.41 per share
Applied to both vesting and new restricted grant
Post-transaction holdings
56,751 shares
Class A non-voting common stock held directly after transactions
Restructuring transactions
2,000 shares affected
TransactionSummary restructuringShares for J-code entries
Key Terms
Restricted Stock Grant, Class A Non-voting Common Stock, Grant, award, or other acquisition, Other acquisition or disposition
4 terms
Restricted Stock Grant financial
"The filing lists a security titled "Restricted Stock Grant" with 1,000 shares"
A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.
Class A Non-voting Common Stock financial
"Transactions involve Class A Non-voting Common Stock as the underlying security"
A Class A non-voting common stock is an ownership share that gives the holder the same economic benefits as regular common stock—such as dividends and any rise in value—but does not give the holder the right to vote on corporate decisions or board elections. For investors this matters because it affects control and influence over the company’s strategy: you can share in profits or losses like a shareholder, but you cannot help decide how the company is run, similar to renting out a property’s income without holding the deed.
Grant, award, or other acquisition regulatory
"One transaction has code A with description "Grant, award, or other acquisition""
Other acquisition or disposition regulatory
"Two J-code entries are described as "Other acquisition or disposition""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ARTNA director John R. Eisenbrey Jr. report?
Director John R. Eisenbrey Jr. reported vesting of 1,000 previously awarded restricted shares and receipt of a new 1,000-share restricted stock grant. Both relate to Class A non-voting common stock and appear as compensation-based equity movements rather than open-market trades.
Was the ARTNA Form 4 a buy or sell of common stock?
The Form 4 does not show an open-market buy or sell. It records vesting of 1,000 restricted shares into Class A non-voting common stock and a new 1,000-share restricted stock grant, both categorized as other or grant-type acquisitions.