Form 4: York Water Co. Executive Vernon L. Bracey Acquires Additional Shares
SEC Form 4 Filing
Vernon L. Bracey, VP of Human Resources at York Water Co., reports the acquisition of additional company stock through a dividend reinvestment plan.
Summary
- On April 16, 2024, Vernon L. Bracey, VP of Human Resources at York Water Co., acquired 26.469 shares of common stock.
- The shares were purchased at a price of $34.8054 per share.
- This transaction increased Bracey's direct ownership to 1,875.349 shares.
- The acquisition was made through the company's dividend reinvestment plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction (dividend reinvestment) by an executive, which is neither overwhelmingly positive nor negative.
Positives
- Executive participation in the dividend reinvestment plan demonstrates confidence in the company.
Industry Context
Insider transactions are routinely monitored to gauge executive sentiment regarding company performance and future prospects. Purchases can be interpreted as a positive signal.
Stakeholder Impact
- The transaction may have a slightly positive impact on shareholder sentiment due to the executive's increased investment in the company.
Key Dates
| Date | Description |
|---|---|
| 04/16/2024 | Date of transaction: Vernon L. Bracey acquired shares of common stock. |
| 04/17/2024 | Date of signature on the Form 4 filing. |
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