Form 4: York Water Co. VP-Engineering Increases Stake Through Dividend Reinvestment
SEC Form 4 Filing
Mark S. Snyder, VP-Engineering at York Water Co., acquired additional shares of common stock through the company's dividend reinvestment plan.
Summary
- On April 16, 2024, Mark S. Snyder, VP-Engineering at York Water Co., acquired 9.454 shares of common stock.
- The shares were acquired through a dividend reinvestment plan at a price of $34.805 per share.
- Following the transaction, Snyder directly owns 3,575.863 shares of York Water Co. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction (dividend reinvestment) by a company officer, indicating a continued stake in the company's performance.
Positives
- The acquisition of shares through the dividend reinvestment plan demonstrates Snyder's continued investment in the company.
Industry Context
Insider transactions are routinely monitored as indicators of management's confidence in the company's prospects. Acquisitions, especially by high-ranking officers, can be viewed positively by investors.
Key Dates
| Date | Description |
|---|---|
| 04/16/2024 | Date of transaction: Mark S. Snyder acquired shares of common stock. |
| 04/17/2024 | Date of signature on the Form 4 filing. |
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