YORW.NASDAQYork Water CO

Form 4: York Water Co. CFO Matthew Poff Receives Restricted Stock Grant

Sentiment:

SEC Form 4 Filing


Matthew Poff, CFO of York Water Co., reports the acquisition of 1,161 shares of common stock through a restricted stock grant.

Summary

  • On May 5, 2025, Matthew E Poff, Chief Financial Officer of York Water Co., acquired 1,161 shares of common stock.
  • The acquisition was a grant of restricted stock that will vest equitably over three years.
  • Following the transaction, Poff beneficially owns 8,020.527 shares of York Water Co. common stock, which includes shares acquired under the company's dividend reinvestment plan.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The filing reflects a standard executive compensation practice, indicating stability and alignment of management interests with shareholders.

Positives

  • The grant of restricted stock aligns the CFO's interests with those of the shareholders, incentivizing long-term performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a standard compensation practice of granting restricted stock to company executives.

Stakeholder Impact

  • The grant of restricted stock aligns the CFO's interests with those of the shareholders, potentially leading to better long-term performance.

Key Dates

DateDescription
05/05/2025Date of transaction: Grant of restricted stock.
05/07/2025Date of report filing.

Keywords

Form 4, York Water Co, Matthew Poff, Restricted Stock, Beneficial Ownership, YORW, CFO

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