Raymond T. Kelly, Vice President of Information Technology at Artesian Resources Corp, filed a Form 4 on September 17, 2026, reporting the vesting of 750 restricted shares of Class A Non-voting Common Stock on September 16, 2026.

Key Highlights

  • Reporting person: Raymond T. Kelly, VP of Information Technology at Artesian Resources Corp (NASDAQ:ARTNA)
  • Transaction date: September 16, 2026, with the form filed September 17, 2026
  • Shares acquired: 750 shares of Class A Non-voting Common Stock via transaction code J
  • Price at vesting: $35.07 per share, as stated in the filing
  • Resulting ownership: 750 shares held directly following the reported transaction
  • Origin of shares: Vesting of restricted shares originally awarded on September 16, 2025

Artesian Resources VP of IT Reports Restricted Stock Vesting in September 2026

According to the Form 4 filing, Raymond T. Kelly, who serves as Vice President of Information Technology at Artesian Resources Corp, reported a change in beneficial ownership of Class A Non-voting Common Stock. The transaction, coded "J" in the filing, reflects the vesting of restricted shares rather than an open-market purchase or sale. The filing notes the vesting occurred on September 16, 2026, with the form submitted to the SEC on September 17, 2026.

The filing discloses that 750 shares were acquired at a reported price of $35.07, stemming from a restricted stock grant originally awarded on September 16, 2025. The derivative security table shows the restricted stock grant carried a conversion or exercise price of $0, with an expiration date of September 17, 2026. Following the vesting event, the derivative position in restricted stock was reduced to zero, and Kelly's direct beneficial ownership of Class A Non-voting Common Stock stands at 750 shares, according to the filing.

The filing was made by one reporting person and indicates direct ownership. No indirect beneficial ownership was reported in connection with this transaction.

What Was Disclosed

The filing reports that Raymond T. Kelly, VP of Information Technology at Artesian Resources Corp (NASDAQ:ARTNA), received 750 vested shares of Class A Non-voting Common Stock on September 16, 2026, at $35.07 per share, from a restricted stock award granted on September 16, 2025.