YORW Form 4: President & CEO Adds 15 Shares at $30.07
Rhea-AI Filing Summary
Joseph Thomas Hand, who serves as President & CEO and a director of The York Water Company (YORW), reported a personal stock purchase on 10/03/2025. The filing shows a purchase of 15 shares at a price of $30.07 per share, recorded on the Form 4 and signed on 10/06/2025. After the transaction the filing reports 38,351.6586 shares beneficially owned directly and 99.168 shares indirectly (held by a child). The filing notes that the direct total includes shares acquired through the companys dividend reinvestment plan.
Positive
- Insider purchase by the President & CEO on 10/03/2025
- Disclosure of indirect holding (99.168 shares) increases transparency
- Direct ownership remains sizable at 38,351.6586 shares, showing significant insider stake
Negative
- Purchase quantity is very small (15 shares), limiting any strong market signal
Insights
CEO purchased a small number of shares, reinforcing alignment with shareholders.
The 15-share purchase at $30.07 on 10/03/2025 is a direct personal acquisition by the President & CEO and director. Small, routine purchases by senior executives are commonly used to maintain personal exposure to company equity and signal continued alignment with shareholder interests.
This transaction is modest relative to the 38,351.6586 shares reported as directly owned after the trade; monitor any pattern of regular purchases or larger buys over the coming months for stronger governance signals.
Transaction is straightforward: a market purchase recorded on Form 4 with DRIP disclosure.
The Form 4 records a purchase code and explicitly notes inclusion of shares from the dividend reinvestment plan, which explains part of the direct ownership total. The filing complies with Section 16 reporting by disclosing transaction date and price.
Investors and compliance teams can verify trade timing and holdings on filings; the next relevant item to check would be any additional Form 4s or DRIP activity within the next quarter.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 15 | $30.07 | $451.05 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
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