Middlesex Water (MSEX) COO receives 4,983 restricted stock shares as pay

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

2 transactions reported

Mixed 2 txns

Insider Sorensen Gregory S

Role VP, Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock (Restricted Stock Book)	4,983	$52.05	$259K
holding	Common Stock (Book)	--	--	--

Holdings After Transaction: Common Stock (Restricted Stock Book) — 4,983 shares (Direct); Common Stock (Book) — 1,314 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Restricted stock granted: 4,983 shares Grant value per share: $52.05 per share Restricted shares after grant: 4,983 shares +1 more

4 metrics

Restricted stock granted 4,983 shares Current-year restricted stock award to VP & COO

Grant value per share $52.05 per share Value used for the 4,983-share restricted stock award

Restricted shares after grant 4,983 shares Total restricted Common Stock directly held after transaction

Common Stock (book) holding 1,314 shares Direct Common Stock in book-entry form after transaction

Key Terms

Restricted Stock, Common Stock (Restricted Stock Book), Grant, award, or other acquisition

3 terms

Restricted Stock financial

"Represents the number of shares of Restricted Stock awarded"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Common Stock (Restricted Stock Book) financial

"security_title":"Common Stock (Restricted Stock Book)"

Grant, award, or other acquisition financial

"transaction_code_description":"Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

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^*

Sorensen Gregory S

(Last) (First) (Middle)

485C ROUTE 1 SOUTH,

SUITE 400

(Street)

ISELIN NEW JERSEY 08830

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MIDDLESEX WATER CO [ MSEX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock (Restricted Stock Book)	04/01/2026		A		4,983(1)	A	$52.05	4,983	D
Common Stock (Book)								1,314	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:

1. Represents the number of shares of Restricted Stock awarded for current year.

Remarks:

	/s/ Jay L. Kooper, Power of Attorney for Gregory S. Sorensen	04/01/2026
	** 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)

FAQ

What insider transaction did MSEX report for Gregory Sorensen?

Middlesex Water reported that Gregory S. Sorensen received 4,983 shares of restricted Common Stock as a current-year award at an indicated value of $52.05 per share. The Form 4 shows this as a compensation-related grant, not an open-market stock purchase.

Was the Middlesex Water (MSEX) Form 4 a stock sale or a purchase?

The Form 4 for Middlesex Water shows a grant of restricted stock to Gregory S. Sorensen, not an open-market buy or sell. The transaction is coded as a grant or award acquisition, reflecting equity compensation rather than trading activity in the market.

How many Middlesex Water shares does Gregory Sorensen hold after this filing?

After the reported transactions, Gregory S. Sorensen directly holds 4,983 restricted shares of Common Stock and 1,314 additional Common Stock shares in book form. These figures reflect his updated equity position as disclosed in the Form 4 insider filing.

What does the restricted stock award mean for MSEX executive compensation?

The award of 4,983 restricted shares to Gregory S. Sorensen represents part of his current-year equity compensation. Restricted stock typically vests over time, aligning executive incentives with shareholder interests by tying a portion of pay to the company’s long-term stock performance.

At what price was Gregory Sorensen’s restricted stock in MSEX valued?

The restricted stock award to Gregory S. Sorensen is reported at $52.05 per share. This value is used in the Form 4 to indicate the grant’s per-share figure for the 4,983 restricted shares of Middlesex Water Common Stock awarded for the current year.

Does the Middlesex Water Form 4 indicate any remaining stock options or derivatives?

The Form 4 derivative section is empty, indicating no derivative securities such as options or warrants are reported as part of this filing. The disclosure focuses solely on common stock holdings, including the new restricted stock award and existing book-entry shares.