Artesian Resources Corp. Reports Board and Officer Changes
Ticker: ARTNB · Form: 8-K · Filed: Jan 3, 2025 · CIK: 863110
| Field | Detail |
|---|---|
| Company | Artesian Resources CORP (ARTNB) |
| Form Type | 8-K |
| Filed Date | Jan 3, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
TL;DR
Artesian Resources Corp. shook up its board and exec pay structure on Jan 3rd.
AI Summary
Artesian Resources Corp. announced on January 3, 2025, changes in its board and officer compensation. Specifically, the company reported the departure of a director and the election of a new director, along with adjustments to compensatory arrangements for certain officers.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing details routine corporate governance changes and compensation adjustments, which typically carry low immediate risk.
Key Players & Entities
- Artesian Resources Corp (company) — Registrant
- January 3, 2025 (date) — Date of Report
FAQ
Who departed from the board of directors?
The filing indicates the departure of a director, but the specific name is not provided in the excerpt.
Who was elected to the board of directors?
The filing states a new director was elected, but their name is not specified in the provided text.
What specific compensatory arrangements were adjusted?
The filing mentions adjustments to compensatory arrangements for certain officers, but the details of these arrangements are not elaborated in the excerpt.
What is the company's principal executive office address?
The principal executive offices are located at 664 Churchmans Road, Newark, Delaware 19702.
What is Artesian Resources Corp's IRS Employer Identification Number?
The IRS Employer Identification Number for Artesian Resources Corp is 51-0002090.
Filing Stats: 636 words · 3 min read · ~2 pages · Grade level 11.1 · Accepted 2025-01-03 16:58:24
Filing Documents
- 8k.htm (8-K) — 20KB
- 0000863110-25-000003.txt ( ) — 151KB
- artna-20250103.xsd (EX-101.SCH) — 4KB
- artna-20250103_lab.xml (EX-101.LAB) — 21KB
- artna-20250103_pre.xml (EX-101.PRE) — 16KB
- 8k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ARTESIAN RESOURCES CORPORATION Date: January 3, 2025 By: /s/ David B. Spacht David B. Spacht Chief Financial Officer