Form 4: York Water Co: Executive Receives Restricted Stock Grant

Alexandra C. Chiaruttini, CAO & General Counsel of York Water Co., received a grant of 883 restricted shares of common stock on May 4, 2026, vesting over three years.

Summary

• Alexandra C. Chiaruttini, the Chief Administrative Officer & General Counsel of York Water Co., was granted 883 shares of common stock on May 4, 2026.
• This grant is considered restricted stock, with vesting occurring equitably over a three-year period.
• The transaction code indicates the acquisition of securities.
• Following this transaction, Ms. Chiaruttini beneficially owns 5,838.781 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports on routine executive compensation and does not contain new financial performance data or strategic shifts.

Positives

• Grant of restricted stock to a key executive, indicating a commitment to retaining and incentivizing leadership.
• The restricted stock award vests over three years, aligning executive interests with long-term company performance.
• Ms. Chiaruttini's direct beneficial ownership of 5,838.781 shares demonstrates a significant personal stake in the company.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding future financial performance or strategic initiatives.

Industry Context

StockSavvy.ai notes that executive compensation through equity awards, such as restricted stock, is a common practice in the utility sector to align management's long-term interests with shareholder value and operational stability.

Stakeholder Impact

• Shareholders: The grant of restricted stock to a key executive is a standard compensation practice that aims to align executive interests with long-term shareholder value. The vesting schedule over three years supports this alignment.
• Employees: While not directly impacting all employees, such executive compensation practices can be part of the broader compensation philosophy of the company.
• Management: The grant reinforces the role and commitment of Alexandra C. Chiaruttini within the company's leadership structure.

Key Dates

Keywords

Form 4, SEC Filing, Restricted Stock, Executive Compensation, York Water Co, YORW, Insider Trading, Stock Grant, Beneficial Ownership