Form 4: York Water Co. Executive Acquires Shares Through Restricted Stock Grant and Dividend Reinvestment
SEC Form 4 Filing
Alexandra C. Chiaruttini, CAO & General Counsel of York Water Co., reports acquisition of shares through a restricted stock grant and dividend reinvestment plan.
Summary
- On May 5, 2025, Alexandra C. Chiaruttini, CAO & General Counsel of York Water Co., acquired 1,053 shares of common stock through a restricted stock grant.
- The shares vest equitably over three years.
- Chiaruttini also acquired shares through The York Water Company dividend reinvestment plan.
- Following the reported transactions, Chiaruttini beneficially owns 4,640.687 shares of York Water Co. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects standard insider trading activity (restricted stock grant and dividend reinvestment) which is neither overtly positive nor negative.
Positives
- The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
- Participation in the dividend reinvestment plan shows a long-term commitment to the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The reported transactions provide shareholders with insight into the actions of company executives.
- The transactions have a minimal impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 05/05/2025 | Date of transaction: acquisition of shares through restricted stock grant and dividend reinvestment plan. |
| 05/07/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, YORW, York Water Co, Alexandra C. Chiaruttini, insider trading, beneficial ownership, restricted stock, dividend reinvestment plan
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.