Company: MSEX
Filing Date: 2025-07-29
Form Type: 424B5
Source: 0001104659-25-071727
Chunk: 24

Company: MIDDLESEX WATER CO
Filing Date: 2025-07-29
Form: 424B5
Chunk 24
---
 freely tradable shares of Common Stock in Direct Registration Form (i.e., shares held electronically or by
book entry) can submit requests to sell shares through a registered broker-dealer through the Plan Agent website, through its toll-free
telephone number or through the mail at any time. The Plan Agent will forward promptly such requests to the registered broker-dealer
utilized by the Plan. This broker-dealer will sell the shares on the open market. The payment remitted for the shares sold will reflect
any applicable administrative fees and brokerage commission and will be the average weighted price for all shares sold on the trade date
or dates. In general, sales are made at least once a week. Depending on the number of shares being sold and current trading volume in
the shares, sales may be executed in multiple transactions and may be traded on more than one day. The selling price will not be known
until the sale is complete. A check for the proceeds of the sale of shares less applicable taxes, transaction fees and brokerage commissions,
will normally be mailed to the participating shareholder by first class mail within two (2) business days after the final trade
settlement date. A direct deposit for the proceeds of the sale of shares less applicable taxes, transaction fees and brokerage commissions
will normally be issued to the receiving bank account within two (2) business days after the final trade settlement date.

<div align='center'>S-19</div>

The ability to purchase or
sell shares through the Plan is intended to be a convenience. However, you may find it more convenient or economical to effect such transactions
through a broker of your choice. Participation in the Plan is strictly voluntary.

If you request that the Plan
Agent sell any of the shares credited to your account under the Plan, a fee of $15, plus any applicable brokerage commission and transfer
tax, is assessed per sale.

Participants should be aware that the share price of Common Stock may fluctuate between the time your transaction request is received and the time the transaction is carried out on the open market. This price risk will be borne solely by you. The Plan Agent may, but is not obligated to, accept written requests to revoke transaction requests.

CUSTODIAL SERVICE

| 35. | How does the custodial service 
 (book-entry shares) work?      |

All shares of Common Stock
that are purchased through the Plan will be held by the Plan Agent and reflected in book-entry form in the participant’s account
on the records of the Plan Agent. A