Form 4: Executive Increases Stake in Water Utility
Insider Transaction Report
Matthew J. Scarpato, VP-Operations of YORK WATER CO, has increased his direct beneficial ownership of common stock through a purchase and dividend reinvestment.
Summary
- Matthew J. Scarpato, VP-Operations of YORK WATER CO, acquired 32.616 shares of common stock on July 16, 2025.
- The shares were acquired at a price of $29.8941 per share.
- Following this transaction, Scarpato directly beneficially owns 825.743 shares of common stock.
- The total beneficial ownership includes shares acquired through The York Water Company's dividend reinvestment plan.
Sentiment
Score: 7
Explanation: The acquisition of additional shares by a key executive, including through a dividend reinvestment plan, generally indicates confidence in the company's future performance and dividend policy.
Positives
- A key executive, the VP-Operations, increased their direct beneficial ownership, signaling confidence in the company's future prospects.
- The increase in ownership includes shares acquired through the company's dividend reinvestment plan, indicating a commitment to long-term investment and belief in the company's dividend policy.
Negatives
- No specific negative information is disclosed in this transaction report.
Risks
- No specific risks are disclosed in this transaction report.
Future Outlook
This document, a Form 4, reports a past transaction and does not contain forward-looking statements or guidance.
Management Comments
- No specific management comments or statements are included in this Form 4 filing.
Industry Context
This Form 4 filing is a transactional report and does not provide information related to broader industry trends or competitive analysis for the water utility sector.
Comparison to Industry Standards
- This document reports an individual insider transaction and does not contain information suitable for comparison to industry-wide financial or operational benchmarks.
Related Party Transactions
- Matthew J. Scarpato, VP-Operations, acquired common stock of YORK WATER CO, which constitutes a related party transaction as an insider purchase.
Stakeholder Impact
- Shareholders may interpret the executive's increased ownership as a positive signal of confidence in the company's long-term value and prospects.
Next Steps
- This Form 4 reports a completed transaction and does not outline future actions or milestones.
Key Dates
| Date | Description |
|---|---|
| 07/16/2025 | Date of common stock acquisition by Matthew J. Scarpato. |
| 07/17/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
Insider Trading, Stock Acquisition, Executive Ownership, YORK WATER CO, YORW, Dividend Reinvestment Plan, Water Utility, SEC Form 4
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