UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): February 4, 2025

ARTESIAN RESOURCES CORP
(Exact name of registrant as specified in its charter)

Delaware
 
000-18516
 
51-0002090
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)

664 Churchmans Road
Newark, Delaware 19702
(Address of principal executive offices, including zip code)

(302) 453-6900
(Registrant's telephone number, including area code)

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock
ARTNA
NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter):

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 4, 2025, Kenneth R. Biederman informed the board of directors (the “Board”) of Artesian Resources Corporation (the “Company”) of his decision to resign as a director of the Company, including from his positions as a member of the Audit Committee, the Budget and Finance Committee, the Compensation Committee, and the Governance and Nominating Committee of the Board, effective May 6, 2025, the anticipated date of the Company’s 2025 annual meeting of stockholders, after the conclusion of the annual meeting of stockholders. Mr. Biederman’s decision to resign from the Board is his own and not the result of any disagreement with the Company’s operations, policies or practices.

The Company is tremendously grateful for Mr. Biederman’s valuable insights and contributions during the time he served on the Board.





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
 

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Feb. 04, 2025
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Document Period End Date Feb. 04, 2025
Entity File Number 000-18516
Entity Registrant Name ARTESIAN RESOURCES CORP
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Entity Incorporation, State or Country Code DE
Entity Tax Identification Number 51-0002090
Entity Address, Address Line One 664 Churchmans Road
Entity Address, City or Town Newark
Entity Address, State or Province DE
Entity Address, Postal Zip Code 19702
City Area Code 302
Local Phone Number 453-6900
Title of 12(b) Security Common Stock
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