Middlesex Water COO granted 4,983 restricted shares
Sorensen Gregory S reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Sorensen Gregory S reported acquisition or exercise transactions in this Form 4 filing.
Middlesex Water Company executive Gregory S. Sorensen, VP and Chief Operating Officer, received a grant of 4,983 shares of Common Stock as restricted stock. The award is valued at $52.05 per share and represents his restricted stock compensation for the current year.
After this award, Sorensen directly holds 4,983 restricted shares and 1,314 additional shares of Common Stock in book-entry form. The filing shows no open-market purchases or sales, only this compensation-related share award and an updated holding line.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (Restricted Stock Book) | 4,983 | $52.05 | $259K |
| holding | Common Stock (Book) | -- | -- | -- |
Footnotes (1)
- F1. Represents the number of shares of Restricted Stock awarded for current year.
Key Figures
Key Terms
Restricted Stock financial
Common Stock (Restricted Stock Book) financial
Grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MSEX report for Gregory Sorensen?
Was the Middlesex Water (MSEX) Form 4 a stock sale or a purchase?
What does the restricted stock award mean for MSEX executive compensation?
At what price was Gregory Sorensen’s restricted stock in MSEX valued?
Does the Middlesex Water Form 4 indicate any remaining stock options or derivatives?
AI-generated analysis. How Rhea-AI works. Not financial advice.