[Form 4] Artesian Resources Corp Insider Trading Activity

John M. Thaeder, identified as a Senior Vice President of Artesian Resources Corp (ARTNA), sold 1,000 shares of Class A non-voting common stock on 08/22/2025 at a price of $33.4936 per share.

Rhea-AI Filing Summary

John M. Thaeder, identified as a Senior Vice President of Artesian Resources Corp (ARTNA), sold 1,000 shares of Class A non-voting common stock on 08/22/2025 at a price of $33.4936 per share. After this sale he beneficially owns 21,592 shares directly. The Form 4 reports the single non-derivative disposition and shows the transaction as a standard open-market sale.

Insights

Financial Analyst

TL;DR: Officer sold a modest block of shares; remaining direct ownership stays meaningful but no material change in control.

The reported transaction is a straightforward disposition of 1,000 Class A non-voting shares at $33.4936 each. For most investors this type of Form 4 reflects routine insider liquidity rather than a corporate event. The remaining direct holding of 21,592 shares indicates ongoing ownership interest by the reporting person. There are no derivative transactions or complex instruments reported.

Corporate Governance Expert

TL;DR: A routine insider sale by a senior officer; no governance red flag apparent from this single entry.

The filing discloses an individual officer-level sale with explicit transaction coding as a sale. Because only a single normal-course disposition is reported and no related party or plan-based details are provided, this appears to be a standard personal liquidity action. The report does not show any change in board composition, grants, options exercise, or other governance events.

Insider Trade Summary

Net Seller: 1,000 shares

Net Sell 1 txn

Insider THAEDER JOHN M

Role Senior Vice President

Sold 1,000 shs ($33K)

Type	Security	Shares	Price	Value
Sale	Class A Non-voting Common Stock	1,000	$33.4936	$33K

Holdings After Transaction: Class A Non-voting Common Stock — 21,592 shares (Direct)

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

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Accepted by SEC EDGAR 08/25/2025 - 09:30 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^*

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)
08/22/2025

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	08/22/2025		S		1,000	D	$33.4936	21,592	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	08/25/2025
	** 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.