Middlesex Water (MSEX) director receives 865-share stock grant

Rhea-AI Filing Summary

Hanemann Kim C reported acquisition or exercise transactions in this Form 4 filing.

Middlesex Water director Kim C. Hanemann received a stock grant recorded on April 1, 2026. The award covered 865 shares of Common Stock (Book) at a reference price of $52.05 per share, determined as of the March 31, 2026 close under the Outside Director Stock Compensation Plan.

After the grant, Hanemann directly held 3,367 shares of Common Stock (Book) and 2,251 shares of Common Stock (Street), reflecting her updated ownership position.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Hanemann Kim C

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock (Book)	865	$52.05	$45K
holding	Common Stock (Street)	--	--	--

Holdings After Transaction: Common Stock (Book) — 3,367 shares (Direct); Common Stock (Street) — 2,251 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 865 shares Grant reference price: $52.05 per share Book shares after grant: 3,367 shares +2 more

5 metrics

Shares granted 865 shares Common Stock (Book) award on April 1, 2026

Grant reference price $52.05 per share Closing price on March 31, 2026 under director plan

Book shares after grant 3,367 shares Common Stock (Book) directly held after transaction

Street shares holding 2,251 shares Common Stock (Street) directly held entry

Acquisition transactions 1 transaction Non-derivative grant/award acquisition (code A)

Key Terms

Outside Director Stock Compensation Plan, Common Stock (Book), Common Stock (Street), Grant, award, or other acquisition

4 terms

Outside Director Stock Compensation Plan financial

"in accordance with the provision of the Issuer's Outside Director Stock Compensation Plan"

Common Stock (Book) financial

"security_title: "Common Stock (Book)" with 865.0000 shares granted"

Common Stock (Street) financial

"security_title: "Common Stock (Street)" with 2,251.0000 shares following"

Grant, award, or other acquisition regulatory

"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^*

Hanemann Kim C

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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 (Book)	04/01/2026		A		865	A	$52.05(1)	3,367	D
Common Stock (Street)								2,251	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. Price as of close of business March 31, 2026, in accordance with the provision of the Issuer's Outside Director Stock Compensation Plan.

Remarks:

	/s/Jay L. Kooper, Power of Attorney for Kim C. Hanemann	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 Middlesex Water (MSEX) report for Kim C. Hanemann?

Middlesex Water reported that director Kim C. Hanemann received a grant of 865 shares of Common Stock (Book). The award was recorded on April 1, 2026 as a non-derivative acquisition under the company’s Outside Director Stock Compensation Plan.

At what price was Kim C. Hanemann’s Middlesex Water (MSEX) stock grant valued?

The 865-share grant to Kim C. Hanemann was valued at $52.05 per share. This price reflects the closing price on March 31, 2026, as specified by the issuer’s Outside Director Stock Compensation Plan for determining the award value.

How many Middlesex Water (MSEX) shares does Kim C. Hanemann hold after this Form 4 filing?

Following the reported grant, Kim C. Hanemann directly holds 3,367 shares of Middlesex Water Common Stock (Book) and 2,251 shares of Common Stock (Street). These figures show her updated direct ownership as reflected in the Form 4 filing.

Is Kim C. Hanemann’s Middlesex Water (MSEX) transaction a market purchase or a stock grant?

The transaction is a stock grant, not an open-market purchase. It is coded as a grant, award, or other acquisition (code A), made under Middlesex Water’s Outside Director Stock Compensation Plan, rather than a discretionary trade in the market.

Does the Middlesex Water (MSEX) Form 4 show any stock sales by Kim C. Hanemann?

The Form 4 does not report any stock sales by Kim C. Hanemann. It records a single acquisition of 865 shares through a director stock grant and includes a separate entry updating her Common Stock (Street) holdings, with no sell transactions indicated.