Form 4: York Water COO Increases Stake in Company

Chief Operating Officer Matthew J. Scarpato acquired 102.999 shares of The York Water Company common stock.

Summary

• Matthew J. Scarpato, Chief Operating Officer of The York Water Company, purchased 102.999 shares of common stock.
• The transaction occurred on April 16, 2026, at a price of $29.127 per share.
• Following this acquisition, the total beneficial ownership of the reporting person is 1,074.077 shares.
• The acquisition was facilitated through the company's dividend reinvestment plan.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral-to-positive event, as it represents routine insider accumulation through a dividend reinvestment plan rather than a significant market-moving event.

Positives

• Insider confidence is demonstrated by the COO increasing his equity stake in the company.
• The purchase reflects participation in the company's dividend reinvestment plan, indicating long-term commitment.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

Not applicable as this is a routine insider transaction filing.

Industry Context

StockSavvy.ai notes that routine insider buying via dividend reinvestment plans is a standard practice for utility executives, signaling alignment with shareholder interests in stable, dividend-paying entities.

Comparison to Industry Standards

• The transaction is consistent with standard executive compensation and equity accumulation practices in the regulated water utility sector.

Stakeholder Impact

• Positive signal for shareholders regarding management's long-term alignment with the company.

Next Steps

• None mentioned.

Key Dates

Keywords

York Water, YORW, Insider Trading, Form 4, Dividend Reinvestment