Form 4: York Water Co. CFO Matthew Poff Increases Stake Through Dividend Reinvestment
SEC Form 4
Matthew Poff, CFO of York Water Co., acquired additional shares of common stock through the company's dividend reinvestment plan.
Summary
- On April 16, 2025, Matthew E Poff, the Chief Financial Officer of York Water Co. (YORW), acquired 3.926 shares of common stock.
- The shares were acquired through a dividend reinvestment plan at a price of $33.1123 per share.
- Following the transaction, Poff directly owns 6,859.527 shares of York Water Co.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The CFO increasing their stake through a dividend reinvestment plan is generally a good sign, indicating confidence in the company's performance. However, the impact is relatively small.
Positives
- The CFO's participation in the dividend reinvestment plan signals confidence in the company's future.
Industry Context
Dividend reinvestment plans are a common way for company insiders to increase their stake in the company, aligning their interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/16/2025 | Date of transaction: Matthew Poff acquired shares through the dividend reinvestment plan. |
Keywords
YORW, York Water Co, Matthew Poff, CFO, dividend reinvestment plan, Form 4, insider trading
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