Form 4: York Water Co. Executive Acquires Shares Through Restricted Stock Grant and Dividend Reinvestment

Matthew J. Scarpato, VP-Operations of York Water Co., reports acquisition of shares through a restricted stock grant and dividend reinvestment plan.

Summary

• On May 5, 2025, Matthew J. Scarpato, VP-Operations at York Water Co., acquired 360 shares of common stock.
• These shares were obtained through a restricted stock grant and the company's dividend reinvestment plan.
• The restricted stock vests equitably over three years.
• Following the transaction, Scarpato directly owns 787.48 shares of York Water Co.
• The transaction was reported on May 7, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine insider transaction with no explicit positive or negative implications.

Positives

• Executive's acquisition of shares demonstrates confidence in the company.
• The restricted stock grant aligns executive interests with long-term shareholder value.

Industry Context

Insider transactions are routinely monitored as indicators of management's perspective on the company's prospects. Purchases can signal confidence, while sales may raise concerns, though they can also be driven by personal financial planning.

Key Dates

Keywords

Form 4, insider trading, YORW, York Water Co, stock acquisition, Matthew J. Scarpato, restricted stock, dividend reinvestment