Artesian VP gets 750 shares from vesting

ARTESIAN RESOURCES CORP (ARTNA) reported that Vice President of Engineering Daniel Konstanski had 750 restricted shares vest into Class A Non-voting Common Stock on September 16, 2026.

Rhea-AI Filing Summary

ARTESIAN RESOURCES CORP (ARTNA) reported that Vice President of Engineering Daniel Konstanski had 750 restricted shares vest into Class A Non-voting Common Stock on September 16, 2026. The vested shares were originally awarded on September 16, 2025, and he now holds 750 Class A Non-voting Common shares directly.

Insider Trade Summary

Other: 1,500 shares

Other 2 txns

Insider KONSTANSKI DANIEL

Role Vice President of Engineering

Type	Security	Shares	Price	Value
Other	Restricted Stock Grant F1	750	$35.07	$26K
Other	Class A Non-voting Common Stock F1	750	$35.07	$26K

Holdings After Transaction: Restricted Stock Grant — 0 contracts (Direct); Class A Non-voting Common Stock — 750 shares (Direct)

Footnotes (1)

1. F1. vesting of restricted shares awarded on 09/16/2025

Key Figures

Vested shares: 750 shares Per-share value used for vesting: $35.07 per share Direct holdings after transaction: 750 shares +2 more

5 metrics

Vested shares 750 shares Restricted shares vesting into Class A Non-voting Common Stock on September 16, 2026

Per-share value used for vesting $35.07 per share Value applied to the 750-share vesting reported on September 16, 2026

Direct holdings after transaction 750 shares Class A Non-voting Common Stock held directly by Daniel Konstanski after vesting

Restricted stock grant shares underlying 750 shares Underlying Class A Non-voting Common Stock associated with the restricted stock grant before vesting

Grant date of restricted shares September 16, 2025 Footnote states vesting is for restricted shares awarded on this date

Key Terms

Restricted Stock Grant, Class A Non-voting Common Stock, vesting

3 terms

Restricted Stock Grant financial

"The security is identified as a Restricted Stock Grant relating to 750 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

"Underlying security title is listed as Class A Non-voting Common Stock."

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.

vesting financial

"Footnote describes the event as vesting of restricted shares awarded on 09/16/2025."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider equity change did ARTNA report for Daniel Konstanski?

ARTNA reported that Vice President of Engineering Daniel Konstanski had 750 restricted shares vest into 750 shares of Class A Non-voting Common Stock on September 16, 2026, from an award originally granted on September 16, 2025.

How many ARTNA shares does Daniel Konstanski hold after this Form 4 event?

After the reported transactions, Daniel Konstanski holds 750 shares of Class A Non-voting Common Stock directly. The related restricted stock grant derivative position is shown as 0 after vesting.

Was the ARTNA Form 4 transaction a market purchase or sale?

No market purchase or sale is reported. The Form 4 reflects vesting of 750 restricted shares into Class A Non-voting Common Stock, valued at $35.07 per share for reporting purposes, rather than an open-market trade.

What transaction code type is reflected in the ARTNA Form 4 for this vesting?

The Form 4 classifies the activity as an other acquisition or disposition transaction, reflecting both the disposition of the restricted stock grant derivative and the acquisition of 750 non-derivative Class A Non-voting Common shares upon vesting.

Is there a Rule 10b5-1 trading plan associated with this ARTNA Form 4?

No Rule 10b5-1 trading plan is reported. The document-level checkbox indicating that the reported transactions were made pursuant to a Rule 10b5-1 plan is not checked.

What historical grant date is associated with the vested ARTNA shares?

The footnote states that the September 16, 2026 vesting relates to restricted shares awarded on September 16, 2025, indicating a one-year interval between grant and vesting for this 750-share award.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/17/2026 - 11:26 AM Accepted by SEC EDGAR 09/17/2026 - 11:26 AM Learn about SEC filing dates

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
Estimated average burden
hours per response:			0.5

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^*

KONSTANSKI DANIEL

(Last) (First) (Middle)

607 S. CLAYTON STREET

(Street)

WILMINGTON DELAWARE 19805

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	Vice President of Engineering

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026

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

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

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

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	09/16/2026		J(1)		750	A	$35.07	750	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
Restricted Stock Grant	$0	09/16/2026		J(1)			750	09/16/2026	09/17/2026	Class A Non-voting Common Stock	750	$35.07	0	D

Explanation of Responses:

1. vesting of restricted shares awarded on 09/16/2025

	Daniel W. Konstanski	09/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)