Form 4: York Water Co. CEO Joseph Hand Acquires Additional Shares
SEC Form 4 Filing
Joseph Hand, CEO and President of York Water Co., reports purchasing 282 shares of common stock at $35.54 per share.
Summary
- On March 12, 2024, Joseph Thomas Hand, CEO & President and a director of York Water Co. (YORW), acquired 282 shares of common stock at a price of $35.54 per share.
- The transaction increased Hand's direct holdings to 30,045.7176 shares.
- Hand also indirectly owns 95.356 shares through a child.
- The shares were acquired through a purchase on the open market.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The CEO's purchase of shares is generally a good sign, but it's a relatively small transaction.
Positives
- The CEO's purchase of shares may signal confidence in the company's future performance.
Industry Context
Insider buying is often seen as a positive sign, suggesting that a company's leadership believes the stock is undervalued. However, it's just one factor to consider when evaluating a stock's potential.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of transaction: Joseph Hand purchased 282 shares of YORW common stock. |
| 03/13/2024 | Date of signature on the Form 4 filing. |
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