What was the size and indicated value per share of the ARTNA restricted stock vesting?

The vesting covered 1,000 shares at an indicated value of $31.41 per share . These restricted shares converted into the same number of Class A Non-voting Common shares, completing this portion of the CEO’s previously granted equity compensation award.

Artesian Resources (ARTNA) CEO logs 1,000-share restricted stock vesting

Q: How does the Form 4 describe the nature of the ARTNA CEO’s transaction?

The transaction is coded as J , described as an “ Other acquisition or disposition .” It is further explained by a footnote as the vesting of restricted shares awarded earlier, indicating an equity compensation event rather than a market purchase or sale.

Q: What happened to the CEO’s restricted stock grant position in ARTNA after the vesting?

The “ Restricted Stock Grant ” derivative entry shows 1,000 shares tied to Class A Non-voting Common Stock and a post-transaction balance of 0 shares , indicating completion of this particular award’s vesting and removal of that remaining restricted grant position.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

ARTESIAN RESOURCES CORP director and CEO Nicholle Renee Taylor reported a restructuring transaction involving the vesting of previously awarded restricted stock. On the reported date, 1,000 restricted shares vested into 1,000 shares of Class A Non-voting Common Stock at an indicated value of $31.41 per share. Following the transaction, Taylor directly holds 26,948 shares of Class A Non-voting Common Stock. The derivative “Restricted Stock Grant” position tied to these 1,000 shares now shows a post-transaction balance of zero, reflecting completion of this specific award vesting.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Taylor Nicholle Renee

Role CEO and President

Type	Security	Shares	Price	Value
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 — 0 shares (Direct, null); Class A Non-voting Common Stock — 26,948 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted shares vested: 1,000 shares Indicated value per share: $31.41 per share Shares held after transaction: 26,948 shares +3 more

6 metrics

Restricted shares vested 1,000 shares Restricted stock vesting into Class A Non-voting Common Stock

Indicated value per share $31.41 per share Value associated with 1,000-share vesting event

Shares held after transaction 26,948 shares Class A Non-voting Common Stock directly held by CEO after vesting

Restricted stock grant shares 1,000 shares Derivative “Restricted Stock Grant” tied to Class A Non-voting stock

Restructuring shares total 2,000 shares Total shares involved in J-code restructuring transactions

Expiration date of grant entry 2026-05-06 Expiration date shown for the Restricted Stock Grant derivative

Key Terms

Class A Non-voting Common Stock, Restricted Stock Grant, Other acquisition or disposition, Form 4, +1 more

5 terms

Class A Non-voting Common Stock financial

"security_title: "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.

Restricted Stock Grant financial

"security_title: "Restricted Stock Grant""

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.

Other acquisition or disposition financial

"transaction_code_description: "Other acquisition or disposition""

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

vesting of restricted shares financial

"footnote: "vesting of restricted shares awarded on 05/05/2025""

Form 4 Insider Transactions: What Each Field Means →

05/06/2026 - 01:37 PM

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^*

Taylor Nicholle Renee

(Last)

(First)

(Middle)

664 CHURCHMANS ROAD

(Street)

NEWARK

DELAWARE

19702

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Non-voting Common Stock	05/05/2026		J⁽¹⁾		1,000	A	$31.41	26,948	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Grant	$0	05/05/2026		J⁽¹⁾			1,000	05/05/2026	05/06/2026	Class A Non-voting Common Stock	1,000	$31.41	0	D

Explanation of Responses:

1. vesting of restricted shares awarded on 05/05/2025

	Nicholle R. Taylor	05/06/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did ARTNA CEO Nicholle Renee Taylor report on this Form 4?

Nicholle Renee Taylor reported a restructuring transaction where 1,000 restricted shares vested into 1,000 shares of Class A Non-voting Common Stock. This reflects the vesting of a previously awarded restricted stock grant rather than an open-market buy or sell.

How many Artesian Resources (ARTNA) shares does the CEO hold after this transaction?

After the reported transaction, Nicholle Renee Taylor directly holds 26,948 shares of Class A Non-voting Common Stock. This total reflects her position following the vesting of 1,000 restricted shares and the corresponding reduction of that specific restricted stock grant to zero.

How does the Form 4 describe the nature of the ARTNA CEO’s transaction?

The transaction is coded as J, described as an “Other acquisition or disposition.” It is further explained by a footnote as the vesting of restricted shares awarded earlier, indicating an equity compensation event rather than a market purchase or sale.

What happened to the CEO’s restricted stock grant position in ARTNA after the vesting?

The “Restricted Stock Grant” derivative entry shows 1,000 shares tied to Class A Non-voting Common Stock and a post-transaction balance of 0 shares, indicating completion of this particular award’s vesting and removal of that remaining restricted grant position.