Middlesex Water (MSEX) officer reports new restricted stock grant and vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Middlesex Water Co officer Robert John Capko reported compensation-related stock activity. He received a grant of 1,679 shares of Restricted Stock for the current year at a reference price of $52.05 per share. An additional 193 shares of previously awarded Restricted Stock vested on the same date.
In connection with this vesting, 83 common shares were surrendered back to the company at $52.05 per share to satisfy tax withholding obligations, and 83 common shares were released to him. After these transactions, he directly holds 3,448 shares of Restricted Stock and 83 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Capko Robert John
Role
PAO & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (Restricted Stock Book) | 1,679 | $52.05 | $87K |
| Other | Common Stock (Restricted Stock Book) | 193 | $52.05 | $10K |
| Tax Withholding | Common Stock (Book) | 83 | $52.05 | $4K |
Holdings After Transaction:
Common Stock (Restricted Stock Book) — 3,641 shares (Direct);
Common Stock (Book) — 83 shares (Direct)
Footnotes (1)
- Represents the number of shares of Restricted Stock awarded for current year. Represents the number of shares of Restricted Stock originally awarded that have now vested. Represents the number of shares released to the awardee after choosing to surrender shares back to Issuer to satisfy the tax withholding obligations that arose in connection with the vesting of the Restricted Stock.
Key Figures
Restricted Stock grant: 1,679 shares at $52.05
Vested Restricted Stock: 193 shares at $52.05
Shares surrendered for taxes: 83 shares at $52.05
+2 more
5 metrics
Restricted Stock grant
1,679 shares at $52.05
Current-year Restricted Stock award to PAO & Controller
Vested Restricted Stock
193 shares at $52.05
Previously awarded Restricted Stock that vested
Shares surrendered for taxes
83 shares at $52.05
Common shares surrendered to satisfy tax withholding
Restricted Stock holdings
3,448 shares
Direct Restricted Stock holdings after transactions
Common Stock holdings
83 shares
Direct common stock holdings after tax-related release
Key Terms
Restricted Stock, vested, tax withholding obligations, Form 4
4 terms
Restricted Stock financial
"Represents the number of shares of Restricted Stock awarded for current year."
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.
vested financial
"Represents the number of shares of Restricted Stock originally awarded that have now vested."
tax withholding obligations financial
"after choosing to surrender shares back to Issuer to satisfy the tax withholding obligations that arose"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did MSEX officer Robert John Capko report on this Form 4?
He reported a grant of 1,679 Restricted Stock shares, vesting of 193 previously awarded Restricted Stock shares, and surrender of 83 common shares to cover tax withholding, with 83 common shares released to him as part of the vesting process.
Were the MSEX Form 4 transactions open-market buys or sells by Robert John Capko?
No. The filing shows compensation-related equity activity: a Restricted Stock grant, vesting of earlier awards, and shares surrendered for tax withholding. There were no open-market purchases or sales, so the transactions mainly reflect routine stock-based compensation mechanics.