Form 4: York Water Co Director Waters Increases Stake Through Dividend Reinvestment
SEC Form 4
Director Ernest J Waters increases his holdings in York Water Co through a dividend reinvestment plan.
Summary
- On May 6, 2024, Ernest J Waters, a director of York Water Co, acquired 144 shares of common stock at a price of $36.76 per share.
- This acquisition was made through the company's dividend reinvestment plan.
- Following the transaction, Waters directly owns 2,920.81 shares of York Water Co.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction (dividend reinvestment) by a director, indicating a continued stake in the company but not necessarily a strong positive or negative signal.
Positives
- Director Ernest J Waters increased his holdings in York Water Co, showing confidence in the company's future.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's prospects. Dividend reinvestment plans are a common way for investors, including insiders, to increase their stake in a company.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of transaction: Director Waters acquired shares through dividend reinvestment. |
| 05/08/2024 | Date of signature on the Form 4 filing. |
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