Form 4: York Water Co. Director Steven R. Rasmussen Acquires Shares

Director Steven R. Rasmussen of York Water Co. purchased 28.9 shares of common stock at $34.6015 per share on December 20, 2024.

Summary

• Steven R. Rasmussen, a director at York Water Co., acquired 28.9 shares of common stock on December 20, 2024.
• The purchase price was $34.6015 per share.
• The shares were acquired through a direct transaction.
• The total number of shares beneficially owned by Rasmussen after the transaction is 4,300.816.
• Some of the shares were acquired through the company's dividend reinvestment plan.

Sentiment

Score: 5

Explanation: The document is neutral in sentiment as it is a standard disclosure of a stock purchase by a director. It does not indicate any positive or negative outlook for the company.

Positives

• The director's purchase of shares could be seen as a positive sign of confidence in the company's future.

Industry Context

This is a routine disclosure of insider trading activity, which is common for publicly traded companies. It does not indicate any specific trend in the water utility industry.

Comparison to Industry Standards

• Insider trading disclosures are a standard practice for all publicly listed companies, including those in the water utility sector.
• The transaction is relatively small in volume and value, and is not unusual for a director's personal investment activity.
• Comparable companies would also have similar disclosures when directors or officers trade their company's stock.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders.

Key Dates

Keywords

York Water Co., Steven R. Rasmussen, director, stock purchase, common stock, dividend reinvestment plan, insider trading