Artesian Resources Corp. Reports Director Resignation and Officer Changes
Ticker: ARTNB · Form: 8-K · Filed: Feb 7, 2025 · CIK: 863110
| Field | Detail |
|---|---|
| Company | Artesian Resources CORP (ARTNB) |
| Form Type | 8-K |
| Filed Date | Feb 7, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: director-resignation, corporate-governance, officer-compensation
TL;DR
Artesian Resources director resigns, new board members elected, and officer pay reviewed.
AI Summary
Artesian Resources Corp. announced on February 4, 2025, the resignation of Director Robert W. Lynam III. The company also reported on the election of new directors and changes in compensatory arrangements for certain officers. The filing details these changes as of February 7, 2025.
Why It Matters
Changes in board composition and officer compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance changes such as director resignations and elections, which typically do not pose significant immediate risk.
Key Players & Entities
- Artesian Resources Corp (company) — Registrant
- Robert W. Lynam III (person) — Resigning Director
- February 4, 2025 (date) — Date of earliest event reported
- February 7, 2025 (date) — Filing Date
FAQ
Who resigned from the board of directors?
Robert W. Lynam III resigned from the board of directors.
What is the exact name of the registrant?
The exact name of the registrant is ARTESIAN RESOURCES CORP.
On what date was the earliest event reported?
The earliest event reported was on February 4, 2025.
What is the principal executive office address?
The principal executive office is located at 664 Churchmans Road, Newark, Delaware 19702.
What is the company's state of incorporation?
The company is incorporated in Delaware.
Filing Stats: 496 words · 2 min read · ~2 pages · Grade level 13.1 · Accepted 2025-02-07 16:29:22
Filing Documents
- 8k.htm (8-K) — 19KB
- 0000863110-25-000006.txt ( ) — 150KB
- artna-20250204.xsd (EX-101.SCH) — 4KB
- artna-20250204_lab.xml (EX-101.LAB) — 21KB
- artna-20250204_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: February 7, 2025 By: /s/ David B. Spacht David B. Spacht Chief Financial Officer