Form 4: York Water Co. CEO Joseph Hand Acquires Additional Shares
SEC Form 4
CEO Joseph Hand increased his holdings in York Water Co. through a recent transaction involving common stock and dividend reinvestment.
Summary
- On April 16, 2024, Joseph Thomas Hand, CEO and President of York Water Co., acquired 283.596 shares of common stock at a price of $34.805 per share.
- This transaction increased his direct holdings to 30,515.3636 shares.
- He also indirectly owns 95.952 shares through a child.
- The acquisition included shares acquired under The York Water Company dividend reinvestment plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The CEO's purchase suggests confidence, but it's a routine transaction.
Positives
- The CEO's purchase of additional shares may signal confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored as they can provide insights into management's perspective on the company's valuation and future performance. Purchases are generally seen as a positive sign.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/16/2024 | Date of transaction: Joseph Hand acquired shares of York Water Co. common stock. |
| 04/17/2024 | Date of signature: Molly Elizabeth Houck, Assistant Secretary, signed the Form 4 on behalf of Joseph Hand. |
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