Form 4: York Water Co. Executive Acquires Shares Through Dividend Reinvestment Plan
SEC Form 4
Mark S. Snyder, VP-Engineering at York Water Co., increased his holdings through a dividend reinvestment plan.
Summary
- On April 16, 2025, Mark S. Snyder, VP-Engineering at York Water Co., acquired shares of common stock.
- The transaction involved the purchase of 9.815 shares at a price of $33.1123 per share.
- This acquisition was made through the company's dividend reinvestment plan.
- Following the transaction, Snyder's total holdings amount to 4,034.666 shares.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The transaction reflects an executive's continued investment in the company through a standard dividend reinvestment plan, suggesting confidence in the company's performance.
Positives
- Executive participation in the dividend reinvestment plan signals confidence in the company's future.
Industry Context
Dividend reinvestment plans are a common way for employees and executives to increase their stake in a company, aligning their interests with those of shareholders.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholders as it signals confidence from a company executive.
Key Dates
| Date | Description |
|---|---|
| 04/16/2025 | Date of transaction: Mark S. Snyder acquired shares of York Water Co. common stock. |
Keywords
York Water Co, YORW, insider trading, Form 4, dividend reinvestment plan, Mark S. Snyder, VP-Engineering, share acquisition
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.