[Form 4] ARTESIAN RESOURCES CORP Insider Trading Activity

Rhea-AI Filing Summary

Jennifer L. Finch, Senior Vice President & Treasurer of Artesian Resources Corp (ticker shown as ARTNA), reported a restricted stock grant of 750 shares of Class A non‑voting common stock on 09/16/2025. The grant shows a price of $32.08, is exercisable on 09/16/2026 with an indicated date of 09/17/2026, and leaves 750 shares beneficially owned directly after the transaction. The Form 4 is signed 09/18/2025.

Insights

Financial Analyst

TL;DR Routine insider restricted stock grant to a senior officer; no immediate dilution or cash proceeds.

The filing documents a standard equity compensation grant of 750 restricted Class A non‑voting shares to the issuer's Sr. Vice President & Treasurer. The grant is reported as a direct holding and becomes exercisable in one year, implying time‑based vesting. This disclosure is procedural and does not indicate any unusual corporate action or immediate market impact.

Corporate Governance Expert

TL;DR Typical executive compensation disclosure consistent with governance transparency requirements.

The Form 4 provides required transparency about insider ownership changes following a restricted stock award. Vesting one year out is common for retention incentives. The disclosure is timely and properly filed; it does not by itself raise governance concerns or signal a material change in control or strategy.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Finch Jennifer Leigh

(Last) (First) (Middle)

664 CHURCHMANS ROAD

(Street)

NEWARK DE 19702

(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)
	Sr. Vice President & Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025

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

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	09/16/2025		A		750		09/16/2026	09/17/2026	Class A Non-voting Common Stock	750	$32.08	750	D

Explanation of Responses:

	Jennifer L. Finch	09/18/2025
	** 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.

FAQ

What transaction did Jennifer L. Finch report on the Form 4?

The Form 4 reports a restricted stock grant of 750 shares of Class A non‑voting common stock granted on 09/16/2025.

What position does the reporting person hold at Artesian Resources?

The reporting person is listed as Sr. Vice President & Treasurer and an officer of Artesian Resources.

How many shares does Jennifer Finch beneficially own after the transaction?

The filing shows 750 shares beneficially owned directly following the reported transaction.

When does the restricted stock become exercisable?

The restricted stock is shown as exercisable on 09/16/2026 with an indicated date of 09/17/2026 in the filing.

What price is listed for the restricted stock grant?

The Form 4 lists a price of $32.08 associated with the restricted stock grant.