Form 4: York Water Co. Executive Acquires Shares Through Dividend Reinvestment

Alexandra C. Chiaruttini, CAO & General Counsel of York Water Co., acquired 41.597 shares of common stock through a dividend reinvestment plan on January 16, 2025.

Summary

• Alexandra C. Chiaruttini, the CAO & General Counsel of York Water Co., has reported a transaction involving the company's common stock.
• On January 16, 2025, Ms. Chiaruttini acquired 41.597 shares of common stock.
• The shares were acquired through the company's dividend reinvestment plan.
• The price per share was $31.253.
• Following the transaction, Ms. Chiaruttini directly owns 3,523.85 shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The transaction is a routine insider purchase through a dividend reinvestment plan, which is generally seen as a positive sign of confidence in the company, but it is not a major event.

Positives

• The acquisition of shares by a company executive through a dividend reinvestment plan can be seen as a positive sign of confidence in the company's future.

Industry Context

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

Comparison to Industry Standards

• Insider transactions are a normal part of the operations of publicly traded companies like York Water Co.
• The dividend reinvestment plan is a common method for employees and executives to increase their stake in the company.
• The transaction is similar to those seen at other utility companies such as American Water Works (AWK) and Essential Utilities (WTRG), where executives regularly participate in stock purchase plans.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it indicates confidence from a company executive.

Key Dates

Keywords

York Water Co, insider trading, Form 4, dividend reinvestment, stock acquisition, Alexandra C. Chiaruttini, YORW