Form 4: York Water Co. Executive Acquires Shares
SEC Form 4
Alexandra C. Chiaruttini, CAO & General Counsel of York Water Co., reports acquisition of company stock.
Summary
- On October 16, 2024, Alexandra C. Chiaruttini, CAO & General Counsel of York Water Co. (YORW), acquired 36.663 shares of common stock at a price of $35.4588 per share.
- Following the transaction, Chiaruttini directly owns 3,458.076 shares of York Water Co.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard insider transaction. The purchase itself is slightly positive, suggesting confidence, but it's not a major event.
Positives
- Executive'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 as they can provide insights into a company's performance and management's confidence. This purchase is a routine disclosure and doesn't necessarily indicate a major shift in the company's outlook.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, reflecting confidence from a company officer.
Key Dates
| Date | Description |
|---|---|
| 10/16/2024 | Date of transaction: Alexandra C. Chiaruttini acquired shares of York Water Co. |
| 10/17/2024 | Date of signature: Report signed by Molly Elizabeth Houck, Assistant Secretary by Power of Attorney. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.