Form 4: York Water Co. VP-Engineering Acquires Shares Through Dividend Reinvestment Plan

Mark S. Snyder, VP-Engineering at York Water Co., acquired 10.399 shares of common stock through the company's dividend reinvestment plan on January 16, 2025.

Summary

• Mark S. Snyder, the VP-Engineering at York Water Co., has acquired 10.399 shares of common stock.
• The shares were acquired through the company's dividend reinvestment plan.
• The transaction occurred on January 16, 2025.
• The price per share was $31.253.
• Following the transaction, Mr. Snyder's total direct holdings are 3,996.975 shares.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, indicating a positive but not overly significant sentiment. The executive's participation in the dividend reinvestment plan suggests confidence in the company.

Positives

• The acquisition of shares by a company executive through the dividend reinvestment plan demonstrates confidence in the company's future.
• The dividend reinvestment plan allows for the accumulation of shares over time.

Industry Context

This is a routine transaction for a company with a dividend reinvestment plan, and it is common for executives to participate in such plans.

Comparison to Industry Standards

• Dividend reinvestment plans are a common practice among publicly traded companies, particularly utilities like York Water Co.
• Executive participation in these plans is also typical, aligning their interests with those of shareholders.
• The transaction is consistent with standard practices for insider share acquisitions.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it demonstrates executive confidence in the company.

Key Dates

Keywords

York Water Co, dividend reinvestment plan, share acquisition, insider trading, common stock, Form 4, Mark S. Snyder