Form 4: York Water Co. CEO Joseph Thomas Hand Acquires Additional Shares
SEC Form 4 Filing
CEO Joseph Thomas Hand of York Water Co. reports purchasing 200 shares of common stock at $38.10 per share on August 13, 2024, and indirectly owning 96.532 shares by child.
Summary
- On August 13, 2024, Joseph Thomas Hand, CEO and President of York Water Co., acquired 200 shares of common stock at a price of $38.10 per share.
- Following this transaction, Hand directly owns 32,687.5786 shares of York Water Co.
- Hand also indirectly owns 96.532 shares through a child.
- The filing indicates that some shares were acquired through The York Water Company dividend reinvestment plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of an insider transaction. The CEO's purchase is a mildly positive signal, but not significantly impactful.
Positives
- The CEO's purchase of shares may signal confidence in the company's future performance.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's prospects. Purchases by executives are often seen as a positive sign.
Stakeholder Impact
- The CEO's share purchase could have a slightly positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 08/13/2024 | Date of transaction: Joseph Thomas Hand purchased 200 shares of common stock. |
| 08/14/2024 | Date of signature on the Form 4 filing. |
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