Form 4: York Water CAO Boosts Stake in Company

Alexandra C. Chiaruttini, CAO & General Counsel of York Water Co., acquired additional common stock, signaling confidence.

Summary

• Alexandra C. Chiaruttini, the Chief Administrative Officer and General Counsel of York Water Co. (YORW), purchased 45.982 shares of the company's common stock.
• The transaction occurred on January 16, 2026, at a price of $30.4476 per share.
• Following this acquisition, Ms. Chiaruttini directly owns a total of 4,879.123 shares of York Water Co. common stock.
• The acquired shares include those obtained through The York Water Company's dividend reinvestment plan.
• This transaction was executed pursuant to a Rule 10b5-1 plan, which allows insiders to pre-arrange stock trades.

Sentiment

Score: 7

Explanation: The acquisition of additional shares by a key executive, including through a dividend reinvestment plan, suggests strong confidence in the company's long-term value and performance.

Positives

• A high-ranking executive, the CAO & General Counsel, increased her direct ownership in the company, which typically signals management's confidence in the company's future prospects.
• The acquisition includes shares from a dividend reinvestment plan, suggesting a long-term investment perspective and commitment to the company's dividend policy.

Future Outlook

The filing indicates that the reported transaction was made pursuant to a Rule 10b5-1 plan, which allows insiders to pre-arrange stock trades to avoid accusations of trading on material non-public information. No other forward-looking statements or guidance are provided.

Industry Context

Insider purchases, particularly by high-ranking executives, are generally interpreted as a positive signal of management's belief in the company's future performance. In the utility sector, such as York Water Co., these actions can reinforce the perception of stability and long-term value.

Comparison to Industry Standards

• Insider buying is widely regarded as a positive indicator across all industries, as it aligns the interests of management with those of shareholders.
• In the utility sector, characterized by stable cash flows and dividends, participation in dividend reinvestment plans by executives is common and underscores a long-term, conservative investment approach.
• This filing does not provide specific comparable companies, projects, or results for direct benchmarking.

Related Party Transactions

• Alexandra C. Chiaruttini, an officer of York Water Co., purchased common stock from the company, which constitutes a related party transaction.

Stakeholder Impact

• Shareholders: May view the insider purchase as a positive signal, potentially increasing confidence in the stock and its long-term prospects.

Key Dates

Recommendation

The purchase of additional shares by a high-ranking executive, particularly through a dividend reinvestment plan, indicates management's confidence in the company's future. This positive signal supports a 'hold' recommendation for current investors and suggests the stock warrants further investigation for potential investors, reinforcing its stability.

Keywords

York Water Co, YORW, insider trading, stock purchase, beneficial ownership, Form 4, Alexandra C Chiaruttini, CAO, General Counsel, dividend reinvestment plan, 10b5-1 plan