Artesian Resources Corp Executive Compensation (FY25)
ARTNA · Executive and director compensation, fiscal 2023 to 2025
Chief executive, fiscal 2025 ◇ Nicholle Taylor | Median of the other named officers $479,486 5 officers, excluding the chief executive | Chief executive pay ratio ◇ To the median employee |
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Data as of November 6, 2026Latest filing (10-K): March 16, 2026
1 filing cited on this page
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99 figures on this page, cited to the filing that reported them. See the citations
Artesian Resources Corp does not file an annual proxy statement (DEF 14A). Its executive compensation is disclosed directly in its Form 10-K (Part III), which is the filing cited throughout this document. A Form 10-K does not carry a say-on-pay vote; those sections are absent from this document for that reason, not from a data gap.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Nicholle Taylor: $671,451 → $687,374 (2.4% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Artesian Resources Corp's chief executive and what were they paid?
Nicholle Taylor was paid $687,374 in total compensation as Chair, President and Chief Executive Officer (5) for fiscal 2025. Taylor's total moved 2.4% higher from the $671,451 reported for fiscal 2024.
Which companies are in Artesian Resources Corp's peer group?
Companies named in the disclosed peer group include American States Water Company, American Water Works Company, Inc., California Water Service Group, Chesapeake Utilities Corporation and Consolidated Water Company Ltd., among others.
What is Artesian Resources Corp's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 9:1, against median employee compensation of $83,476.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Dian Taylor Former Chair, President and Chief Executive Officer (5) | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Nicholle Taylor Chair, President and Chief Executive Officer (5) | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Joseph DiNunzio Executive Vice President & Secretary (6) | ◇ | — | — | — | — | — | ◇ | ◇ |
David Spacht Chief Financial Officer | ◇ | — | — | — | — | — | ◇ | ◇ |
Jennifer Finch Senior Vice President & Treasurer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
John Thaeder Senior Vice President (6) | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Dian Taylor Former Chair, President and Chief Executive Officer (5) | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Nicholle Taylor Chair, President and Chief Executive Officer (5) | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Joseph DiNunzio Executive Vice President & Secretary (6) | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
David Spacht Chief Financial Officer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Jennifer Finch Senior Vice President & Treasurer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
John Thaeder Senior Vice President (6) | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Nicholle Taylor Chair, President and Chief Executive Officer (5) | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Joseph DiNunzio Executive Vice President & Secretary (6) | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
David Spacht Chief Financial Officer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
John Thaeder Senior Vice President (6) | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Jennifer Finch Senior Vice President & Treasurer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Dian Taylor Former Chair, President and Chief Executive Officer (5) Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| David B. Spacht | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Dian C. Taylor | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jennifer L. Finch | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Nicholle R. Taylor | RSU | ◇ | — | — | ◇ | — | — | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
John R. Eisenbrey Jr | ◇ | ◇ | — | — | — | — | ◇ |
Michael Houghton | ◇ | ◇ | — | — | — | — | ◇ |
Salvatore J. Rossi Jr | ◇ | ◇ | — | — | — | — | ◇ |
Kenneth R. Biederman | ◇ | — | — | — | — | — | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- American States Water Company AWR
- American Water Works Company, Inc. AWK
- California Water Service Group CWT
- Chesapeake Utilities Corporation CPK
- Consolidated Water Company Ltd. CWCO
- Essential Utilities, Inc. WTRG
- Fluence Corporation Limited FLNC
- Global Water Resources, Inc. GWRS
- Middlesex Water Company MSEX
- RGC Resources Incorporated RGC
- SJW Group SJW
- The York Water Company YORW
- Williams Industrial Services Group symbol not shown
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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Sample answer — “What is the CEO’s total compensation?”
- Nicholle Taylor (Chair, President and Chief Executive Officer (5)), FY2025 total compensation $687,374 (base salary $516,204) [exec_comp, SEC accession 0000863110-26-000025, filed 2026-03-16]What this page does not include
Everything above is a fact Artesian Resources Corp disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Artesian Resources Corp sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
99 figures on this page, cited to the filing that reported them.
99 cited to the filing
Documents cited
- 0000863110-26-000025
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This page is free to cite. Attribution we ask for:
Velarion, “Artesian Resources Corp executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/ARTNA (accessed 2026).
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The Artesian Resources Corp brief, $500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
1 filing cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Artesian Resources Corp discloses
The companies named in ARTNA's own disclosed peer group.
Terms on this page
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}