Form 4: York Water COO Scarpato Boosts Stake

Matthew J. Scarpato, Chief Operating Officer of The York Water Company, acquired 91.963 shares of common stock on January 16, 2026.

Summary

• Matthew J. Scarpato, Chief Operating Officer of The York Water Company (YORW), purchased 91.963 shares of common stock.
• The transaction occurred on January 16, 2026, at a price of $30.4476 per share.
• Following this purchase, Scarpato directly beneficially owns 964.071 shares of common stock.
• The reported shares include those acquired through The York Water Company's dividend reinvestment plan.

Sentiment

Score: 7

Explanation: The purchase of additional shares by a Chief Operating Officer indicates confidence in the company's future performance and valuation, which is generally a positive signal for investors.

Positives

• Chief Operating Officer Matthew J. Scarpato increased his direct beneficial ownership in The York Water Company by purchasing 91.963 shares.
• Insider buying can signal management's confidence in the company's future prospects and valuation.
• The acquisition includes shares from the company's dividend reinvestment plan, indicating a long-term investment strategy.

Negatives

• No explicit negative information is contained within this Form 4 filing.

Risks

• This Form 4 filing does not contain information regarding company-specific risks.

Future Outlook

This Form 4 filing does not provide forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• This Form 4 filing does not contain notable quotes or paraphrased statements from company management.

Industry Context

This Form 4 filing reports an individual insider transaction and does not provide broader industry context or trends. Insider purchases, however, are generally viewed as a positive signal of management's belief in the company's value within its sector.

Comparison to Industry Standards

• This filing reports an individual insider stock purchase and does not contain information suitable for comparison to global industry benchmarks, specific comparable companies, projects, or results.

Legal Proceedings

• This Form 4 filing does not contain information regarding legal proceedings or regulatory matters.

Related Party Transactions

• The transaction involves an officer of the company purchasing shares, which is a common type of insider transaction and is disclosed as required by SEC regulations.

Stakeholder Impact

• Shareholders: May view the insider purchase as a positive indicator of management's confidence, potentially bolstering investor sentiment.
• Employees: No direct impact mentioned, but a positive signal from leadership could indirectly boost morale.

Next Steps

• This Form 4 filing does not mention any specific future actions, events, or milestones.

Key Dates

Recommendation

The Chief Operating Officer's decision to purchase additional shares, even a relatively small amount, signals a belief in the company's intrinsic value and future prospects. Insider buying is often interpreted by the market as a positive indicator, suggesting that management believes the stock is undervalued or expects positive developments. This action, combined with participation in a dividend reinvestment plan, reinforces a long-term positive outlook.

Keywords

York Water Company, YORW, Matthew J. Scarpato, Insider Purchase, Common Stock, Officer Transaction, Beneficial Ownership, Dividend Reinvestment Plan