Form 4: York Water Co. CEO Joseph Hand Acquires Additional Shares
SEC Form 4
Joseph Hand, CEO and President of York Water Co., reports the acquisition of additional company shares through a dividend reinvestment plan and a purchase on the open market.
Summary
- On October 16, 2024, Joseph Thomas Hand, CEO and President of York Water Co., acquired 274.972 shares of common stock at a price of $35.4588 per share.
- These shares were acquired through a purchase transaction.
- Additionally, Hand indirectly owns 97.101 shares through a child.
- Following the reported transactions, Hand directly owns 33,185.3976 shares and indirectly owns 97.101 shares.
- Some shares were acquired under The York Water Company dividend reinvestment plan.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reports a routine transaction. The CEO buying shares is generally a positive signal, but it's a small transaction.
Positives
- The CEO's purchase of additional shares may signal confidence in the company's future performance.
Industry Context
Insider transactions are closely monitored as they can provide insights into management's perspective on the company's prospects. Purchases are generally seen as a positive sign.
Stakeholder Impact
- The CEO's increased stake could be viewed positively by shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/12/2024 | Date of Earliest Transaction |
| 10/16/2024 | Date of transaction: purchase of common stock |
| 10/17/2024 | Date of signature for the Form 4 filing |
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