Director Joshua Bershad filed a Form 4 with the SEC on August 12, 2026, disclosing a disposition of 6,900 shares of Middlesex Water Co common stock on August 11, 2026, via a trust distribution at a price of $0.

Key Highlights

  • Transaction date: 6,900 shares of common stock were disposed of on August 11, 2026, under transaction code J.
  • Zero consideration: The filing states the reporting person received no consideration in connection with the distribution, with a recorded price of $0.
  • Trust distribution: The shares were held indirectly by Bershad solely in his capacity as trustee of a family trust and were distributed to beneficiaries in accordance with that trust's terms.
  • Post-transaction indirect holdings: Following the transaction, Bershad indirectly beneficially owns 223,798 shares as trustee with voting power over a separate family trust.
  • Additional direct and indirect positions: The filing also discloses direct holdings of 1,567 shares (Book) and 4,213 shares (Street), plus 15,531 shares held in custodial accounts for family members and 4,247 shares held by Bershad's spouse.
  • Ownership disclaimer: According to the filing, Bershad disclaims beneficial ownership of the 223,798 indirectly held shares except to the extent of his pecuniary interest therein.

Bershad Trust Distribution Details and Ownership Positions at Middlesex Water

According to the Form 4 filed on NASDAQ:MSEX, Joshua Bershad, a director of Middlesex Water Co, reported a single non-derivative transaction on August 11, 2026. The filing states that 6,900 shares of common stock previously held indirectly through a family trust were distributed to the trust's beneficiaries. The transaction is coded "J" and is described as a disposal at a price of $0, with the filing noting that "the reporting person received no consideration in connection with the distribution."

The filing explains that Bershad held those 6,900 shares "solely in his capacity as trustee of a family trust" and that the distribution was made "in accordance with the terms of that instrument." Separately, the filing discloses that Bershad continues to serve as trustee of a different family trust over which he holds voting power, and that 223,798 shares remain indirectly beneficially owned through that arrangement following the reported transaction. The filing includes a disclaimer stating that Bershad "disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the filing of this report shall not be deemed an admission that Mr. Bershad is the beneficial owner of these shares for purposes of Section 16 or for any other purpose."

Beyond the trust holdings, the filing lists direct positions of 1,567 shares held in a book account and 4,213 shares held in a street account. It also identifies 15,531 shares held in custodial accounts for the benefit of family members and 4,247 shares held by Bershad's spouse. The Form 4 was signed by Jay L. Kooper as power of attorney for Joshua Bershad and dated August 12, 2026.

What Was Disclosed

Director Joshua Bershad disclosed a trust-related distribution of 6,900 Middlesex Water Co shares at $0 consideration on August 11, 2026, along with multiple direct and indirect beneficial ownership positions totaling shares across book, street, custodial, and spousal accounts.