Form 4: York Water Co Director Jeffrey R. Hines Acquires Additional Shares

Director Jeffrey R. Hines increased his holdings in York Water Co through a recent transaction involving common stock and dividend reinvestment.

Summary

• On May 6, 2024, Jeffrey R. Hines, a director of York Water Co, acquired 144 shares of common stock at a price of $36.76 per share.
• Following this transaction, Hines directly owns 61,839.103 shares of York Water Co.
• Hines also indirectly owns 13,931.557 shares through his spouse.
• The acquisition includes shares acquired under The York Water Company dividend reinvestment plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's purchase is a good sign, but it's a small transaction and doesn't provide a strong signal.

Positives

• Director's purchase indicates confidence in the company.
• Participation in the dividend reinvestment plan shows long-term commitment.

Industry Context

Insider buying is often seen as a positive sign, suggesting that a company insider believes the company's stock is undervalued. However, it's just one factor to consider when evaluating a stock.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder sentiment.

Key Dates