Form 4: York Water Co. CEO Acquires Shares Through Dividend Reinvestment Plan

York Water Co.'s CEO, Joseph Thomas Hand, acquired additional shares of common stock through the company's dividend reinvestment plan.

Summary

• Joseph Thomas Hand, CEO and President of York Water Co., acquired 311.975 shares of common stock on January 16, 2025.
• The shares were acquired through the company's dividend reinvestment plan at a price of $31.253 per share.
• Following the transaction, Mr. Hand directly owns 35,253.0046 shares of York Water Co. common stock.
• Additionally, Mr. Hand indirectly owns 97.78 shares through a child.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, indicating a positive but not overly significant sentiment. The CEO's participation in the dividend reinvestment plan is a positive sign.

Positives

• The CEO's participation in the dividend reinvestment plan demonstrates confidence in the company's future.
• The increase in share ownership aligns the CEO's interests with those of other shareholders.

Industry Context

This type of transaction is common for executives who participate in dividend reinvestment plans, and it is a routine disclosure.

Comparison to Industry Standards

• Dividend reinvestment plans are a common method for executives to increase their stake in a company.
• The transaction is consistent with standard practices for insider share purchases.

Stakeholder Impact

• The transaction may have a slightly positive impact on shareholder confidence due to the CEO's increased stake in the company.

Key Dates

Keywords

York Water Co, insider trading, dividend reinvestment plan, share acquisition, CEO, Joseph Thomas Hand, common stock