Form 4: York Water Co. VP-Operations Matthew J Scarpato Acquires Shares

Matthew J Scarpato, VP-Operations at York Water Co., acquired 23.998 shares of common stock on January 16, 2025.

Summary

• Matthew J Scarpato, the VP-Operations of York Water Co., purchased 23.998 shares of the company's common stock.
• The transaction occurred on January 16, 2025, at a price of $31.253 per share.
• Following this transaction, Mr. Scarpato directly owns 395.277 shares of York Water Co.
• The purchase was made under the company's dividend reinvestment plan.

Sentiment

Score: 6

Explanation: The document is neutral, reporting a standard insider transaction. It doesn't suggest any positive or negative sentiment about the company's performance.

Positives

• The purchase of shares by a company executive can be seen as a positive sign of confidence in the company's future.

Industry Context

This is a routine disclosure of insider trading activity, which is common for publicly traded companies. It does not indicate any specific trend in the water utility industry.

Comparison to Industry Standards

• Insider trading disclosures are a standard practice for all publicly listed companies, including those in the water utility sector.
• The transaction is relatively small in scale and does not indicate any unusual activity compared to similar companies.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders.

Key Dates

Keywords

York Water Co, insider trading, stock acquisition, Matthew J Scarpato, dividend reinvestment plan, YORW, executive purchase