Artesian CEO reports 1,000-share stock vesting
ARTESIAN RESOURCES CORP director and CEO Nicholle Renee Taylor reported a restructuring transaction involving the vesting of previously awarded restricted stock.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 2,000 shares
Other
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 contracts (Direct);
Class A Non-voting Common Stock — 26,948 shares (Direct)
Footnotes (1)
- F1. vesting of restricted shares awarded on 05/05/2025
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.
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 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
