Form 4: York Water Co. CFO Matthew Poff Acquires Additional Shares Through Dividend Reinvestment Plan

Matthew Poff, CFO of York Water Co., reports the acquisition of additional common stock through the company's dividend reinvestment plan.

Summary

• On October 16, 2024, Matthew E. Poff, the Chief Financial Officer of York Water Co. (YORW), acquired 3.666 shares of common stock.
• The acquisition was made through the company's dividend reinvestment plan at a price of $35.4588 per share.
• Following the transaction, Poff directly owns 6,756.719 shares of York Water Co.
• The transaction was reported on October 17, 2024.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reports a routine transaction. The CFO's participation in the dividend reinvestment plan is a mildly positive signal, but not significantly impactful.

Positives

• The acquisition of shares through the dividend reinvestment plan demonstrates the executive's continued investment in the company.

Industry Context

Insider transactions are routinely monitored as indicators of management's confidence in the company's prospects. Purchases can be seen as a positive signal, though small purchases through dividend reinvestment plans are common.

Stakeholder Impact

• The transaction may have a slightly positive impact on shareholder sentiment due to the CFO's increased investment in the company.

Key Dates