Form 4: York Water Co. Executive Mark S. Snyder Acquires Additional Shares
SEC Form 4 Filing
VP of Engineering at York Water Co., Mark S. Snyder, reports the acquisition of additional company shares through a dividend reinvestment plan.
Summary
- On July 16, 2024, Mark S. Snyder, VP of Engineering at York Water Co., acquired 9.196 shares of common stock at a price of $35.3424 per share.
- The transaction increased Snyder's direct ownership to 3,926.586 shares.
- The acquisition was made through the company's dividend reinvestment plan.
Sentiment
Score: 6
Explanation: Routine insider buy through dividend reinvestment plan. Slightly positive as it shows confidence, but not a major market-moving event.
Positives
- Executive's participation in the dividend reinvestment plan signals confidence in the company.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's prospects. Purchases by executives are often seen as a positive sign.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 07/16/2024 | Date of transaction: Mark S. Snyder acquired shares of York Water Co. |
| 07/17/2024 | Date of report signature. |
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