Form 4: York Water COO Increases Stake in Company

Chief Operating Officer Matthew J. Scarpato purchased 700 shares of York Water Company common stock.

Summary

• Matthew J. Scarpato, Chief Operating Officer of York Water Company, acquired 700 shares of common stock.
• The transaction occurred on May 8, 2026, at a price of $29.30 per share.
• Following this acquisition, the reporting person's total beneficial ownership increased to 2,570.077 shares.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as it reflects direct financial commitment from a key executive.

Positives

• Insider confidence is demonstrated by the Chief Operating Officer increasing his equity stake in the company.
• The purchase was made at market price, signaling alignment with shareholder interests.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

Not applicable as this is an insider transaction filing.

Industry Context

StockSavvy.ai notes that insider buying in the regulated utility sector is often viewed as a positive signal of management's long-term confidence in the company's dividend stability and operational outlook.

Comparison to Industry Standards

• Insider purchases by C-suite executives are generally viewed as a standard positive indicator of corporate health in the utility industry.

Stakeholder Impact

• Shareholders may interpret this as a sign of management confidence in the company's future performance.

Key Dates

Keywords

York Water, YORW, Insider Trading, Form 4, Utility Sector, Stock Purchase