Form 4: York Water Co. Director Paul R. Bonney Acquires Additional Shares
SEC Form 4
Director Paul R. Bonney increased his holdings in York Water Co. by acquiring 144 shares of common stock at $36.76 per share.
Summary
- On May 6, 2024, Paul R. Bonney, a director of York Water Co., acquired 144 shares of common stock.
- The shares were purchased at a price of $36.76 per share.
- Following the transaction, Bonney directly owns 319.683 shares of York Water Co. common stock.
- The acquisition was made through the company's dividend reinvestment plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director's purchase of shares is generally a good sign, but the quantity is small and through a standard dividend reinvestment plan.
Positives
- A director increasing their stake in the company can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored by investors as they can provide insights into a company's prospects. Purchases by insiders are generally viewed positively.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of transaction: Paul R. Bonney acquired shares of common stock. |
| 05/08/2024 | Date of signature for the Form 4 filing. |
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