Form 4: York Water Co Director Steven R. Rasmussen Acquires Additional Shares
SEC Form 4
Director Steven R. Rasmussen increased his holdings in York Water Co through a recent transaction.
Summary
- On September 20, 2024, Steven R. Rasmussen, a director of York Water Co, acquired common stock.
- The transaction involved the purchase of 25.551 shares at a price of $39.137 per share.
- Following the transaction, Rasmussen directly owns 4,192.45 shares of York Water Co common stock, which includes shares acquired under The York Water Company dividend reinvestment plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, but the transaction is relatively small and routine.
Positives
- A director's purchase of company stock 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 directors are often seen as a positive sign.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/20/2024 | Date of transaction: Steven R. Rasmussen purchased shares of YORW |
| 09/23/2024 | Date of report signature |
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