York Water (YORW) COO adds to holdings with open-market share purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
York Water Company Chief Operating Officer Matthew J. Scarpato reported an open-market purchase of Common Stock. He bought 102.999 shares at a price of $29.127 per share, bringing his direct holdings to a total of 1,074.077 shares. The reported holdings include shares acquired under The York Water Company dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 102.999 shares ($3,000)
Net Buy
1 txn
Insider
Scarpato Matthew J
Role
Chief Operating Officer
Bought
102.999 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 102.999 | $29.127 | $3K |
Holdings After Transaction:
Common Stock — 1,074.077 shares (Direct)
Footnotes (1)
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Key Figures
Shares purchased: 102.999 shares
Purchase price per share: $29.127 per share
Total shares owned after transaction: 1,074.077 shares
+2 more
5 metrics
Shares purchased
102.999 shares
Open-market purchase of Common Stock
Purchase price per share
$29.127 per share
Price paid for each share acquired
Total shares owned after transaction
1,074.077 shares
Direct holdings following the purchase
Number of buy transactions
1 transaction
Count of buy entries in this Form 4
Net shares bought
102.999 shares
Net buy-sell activity in this filing
Key Terms
open-market purchase, Common Stock, dividend reinvestment plan
3 terms
open-market purchase financial
"The transaction was reported as an open-market purchase of Common Stock."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
"Security title for the reported transaction is Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
dividend reinvestment plan financial
"Includes shares acquired under The York Water Company dividend reinvestment plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
FAQ
What insider transaction did York Water (YORW) report for Matthew J. Scarpato?
York Water reported that Chief Operating Officer Matthew J. Scarpato made an open-market purchase of Common Stock. He acquired 102.999 shares, increasing his directly owned position and signaling additional personal exposure to the company’s equity.
What are Matthew J. Scarpato’s total York Water (YORW) holdings after this trade?
After the reported transaction, Matthew J. Scarpato directly owns a total of 1,074.077 shares of York Water Common Stock. This figure reflects his updated position following the 102.999-share open-market purchase disclosed in the filing.
What type of security did the York Water (YORW) insider purchase?
The insider purchased York Water Common Stock. The transaction was classified as a non-derivative, open-market purchase, meaning he bought actual shares rather than options or other derivative instruments.