Form 4: York Water Co. Director Douglas S. Brossman Acquires Additional Shares
SEC Form 4
Director Douglas S. Brossman reports acquisition of 48 shares of York Water Co. common stock through dividend reinvestment.
Summary
- On May 6, 2024, Douglas S. Brossman, a director of York Water Co., acquired 48 shares of common stock at a price of $36.76 per share.
- The acquisition was made through the company's dividend reinvestment plan.
- Following the transaction, Brossman directly owns 75.586 shares of York Water Co.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction, and the director's participation in the dividend reinvestment plan is a mildly positive signal.
Positives
- Director's participation in the dividend reinvestment plan signals confidence in the company.
Industry Context
Form 4 filings are standard practice for reporting insider transactions and provide transparency to the market.
Stakeholder Impact
- The transaction may have a slightly positive impact on shareholder sentiment due to the director's increased investment in the company.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of transaction: Douglas S. Brossman acquired shares of common stock. |
| 05/08/2024 | Date of report signature. |
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