SCHEDULE: BlackRock Amends YORK WATER Stake Disclosure, Holding 11.8% of Common Stock

BlackRock, Inc. has filed an amended Schedule 13G, disclosing a beneficial ownership of 11.8% of The York Water Company's common stock as of June 30, 2025.

Summary

• BlackRock, Inc. filed an Amendment No. 11 to Schedule 13G regarding its beneficial ownership in YORK WATER.
• As of June 30, 2025, BlackRock, Inc. beneficially owns 1,704,041 shares of YORK WATER Common Stock.
• This represents 11.8% of the total outstanding shares of YORK WATER's Common Stock.
• BlackRock holds sole voting power over 1,661,761 shares and sole dispositive power over 1,704,041 shares.
• BlackRock certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of YORK WATER.
• Various persons have the right to receive dividends or proceeds from the sale of YORK WATER common stock, but no single person's interest exceeds five percent of the total outstanding shares.
• BlackRock's filing includes beneficial ownership by specific subsidiaries, including BlackRock Fund Advisors, which beneficially owns 5% or greater of the outstanding shares of the security class being reported.

Sentiment

Score: 6

Explanation: The document is a neutral regulatory filing, but the disclosure of a significant, non-control-seeking stake by a major institutional investor like BlackRock can be interpreted as a positive signal of confidence in the company's stability and long-term prospects.

Positives

• BlackRock, Inc., a major institutional investor, maintains a significant 11.8% beneficial ownership stake in YORK WATER, potentially signaling continued confidence in the company.
• The filing confirms that BlackRock's stake is held in the ordinary course of business and not for the purpose of influencing or changing control, which can provide stability regarding corporate governance.

Future Outlook

No forward-looking statements or guidance regarding YORK WATER's operations or financial performance are provided.

Management Comments

• In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
• By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

Industry Context

This filing is a routine disclosure of a significant ownership stake by a large asset manager in a utility company. Such disclosures are common for institutional investors managing broad portfolios and typically do not indicate specific industry trends beyond general market participation.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder, potentially influencing investor sentiment due to BlackRock's continued large stake.
• Management: Confirms that a major shareholder is not seeking to influence or change control, which can provide stability.

Key Dates

Keywords

BlackRock, YORK WATER, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Equity Stake, Asset Management