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

York Water Co.'s Chief Financial Officer, Matthew Poff, acquired 4.16 shares of common stock through the company's dividend reinvestment plan on January 16, 2025.

Summary

• Matthew Poff, the Chief Financial Officer of York Water Co., acquired 4.16 shares of common stock on January 16, 2025.
• The shares were acquired through the company's dividend reinvestment plan.
• The price per share was $31.253.
• Following the transaction, Mr. Poff's total direct holdings amount to 6,808.119 shares.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, indicating a neutral to slightly positive sentiment due to the executive's participation in the dividend reinvestment plan.

Positives

• The acquisition of shares by a company officer through the dividend reinvestment plan demonstrates confidence in the company's future.

Industry Context

This is a routine transaction for a company with a dividend reinvestment plan, and it is common for executives to participate in such plans.

Comparison to Industry Standards

• Dividend reinvestment plans are a common practice among publicly traded companies, particularly utilities like York Water Co.
• Executive participation in these plans is also typical, aligning their interests with those of shareholders.
• The transaction is small in scale, suggesting it is a routine activity rather than a significant strategic move.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it demonstrates management's confidence in the company.

Key Dates

Keywords

York Water Co, Matthew Poff, dividend reinvestment plan, share acquisition, insider trading, CFO, YORW