secwatch.observer — SEC 8-K summary
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Issuer:     MIDDLESEX WATER CO (MSEX)
CIK:        0000066004
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001174947-24-001219
Event type: other
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Middlesex Water renews change in control agreements for six executives, amends CEO agreement
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- Existing change in control agreements with seven executives not extended past Dec 31, 2024; new agreements effective Jan 1, 2025.
- New agreements with Jay Kooper, Lorrie Ginegaw, Robert Fullagar, Georgia Simpson, Robert Capko, and two others.
- CEO Nadine Leslie's change in control agreement amended on Nov 4, 2024, with revised terms.
- Severance benefits include lump sum payment and benefit continuation for qualifying termination within two years after a change in control.
- Standard conditions: termination by company without cause or by executive for good reason.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/66004/000117494724001219/0001174947-24-001219-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/66004/000117494724001219/form8k-33105_msx2.htm
  HTML page:      https://secwatch.observer/filing/0001174947-24-001219

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