Form 4: CEO Joseph Hand Buys YORW Stock Under 10b5-1 Plan

YORK WATER CO's President & CEO, Joseph Thomas Hand, acquired 297 shares of common stock at $30.42 per share on December 8, 2025.

Summary

• Joseph Thomas Hand, who serves as President & CEO and Director of YORK WATER CO (YORW), acquired 297 shares of the company's common stock.
• The transaction took place on December 8, 2025, with shares purchased at a price of $30.42 each.
• This acquisition was executed pursuant to a Rule 10b5-1(c) contract, instruction, or written plan.
• Following this transaction, Mr. Hand directly beneficially owns 39,303.9716 shares of YORW common stock.
• An additional 99.911 shares are indirectly beneficially owned by a child.
• The acquired shares include those obtained through The York Water Company dividend reinvestment plan.

Sentiment

Score: 7

Explanation: The acquisition of shares by the President & CEO, especially under a 10b5-1 plan, generally signals management confidence in the company's value and future performance, which is a positive indicator for investors.

Positives

• Insider buying by the President & CEO and Director, Joseph Thomas Hand, signals management's confidence in the company's future prospects.
• The acquisition was made under a Rule 10b5-1 plan, indicating a pre-planned investment strategy rather than a reactive market timing decision.

Industry Context

This insider transaction reflects a direct investment by a key executive in the company's equity. In the utility sector, such insider purchases can be viewed as a positive signal, especially given the stable, regulated nature of the business, suggesting confidence in long-term value and dividend sustainability.

Related Party Transactions

• Joseph Thomas Hand, President & CEO and Director, acquired 297 shares of YORK WATER CO common stock at $30.42 per share. This is a direct transaction between a key executive and the company's securities.

Stakeholder Impact

• Shareholders may interpret the insider purchase as a positive signal, indicating management's belief in the company's intrinsic value and future growth prospects, potentially boosting investor confidence.

Key Dates

Recommendation

The acquisition of shares by the President & CEO, Joseph Thomas Hand, signals management's confidence in YORK WATER CO's future prospects. This insider buying, particularly under a Rule 10b5-1 plan, is generally viewed as a positive indicator. However, a single insider transaction typically reinforces a 'hold' position rather than a 'strong buy' without further comprehensive financial analysis of the company's fundamentals and market conditions.

Keywords

YORK WATER CO, YORW, Insider Trading, Form 4, Stock Acquisition, CEO, Director, Joseph Thomas Hand, Dividend Reinvestment Plan, Rule 10b5-1