Director of YORK WATER CO (YORW) adds shares in open-market stock purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
YORK WATER CO director William T. Yanavitch II reported an open-market purchase of Common Stock. He bought 255.563 shares at a price of $29.347 per share, bringing his direct holdings to 351.703 shares. A footnote states this total includes shares acquired under The York Water Company dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 255.563 shares ($7,500)
Net Buy
1 txn
Insider
Yanavitch William T. II
Role
null
Bought
255.563 shs ($8K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 255.563 | $29.347 | $8K |
Holdings After Transaction:
Common Stock — 351.703 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 255.563 shares
Purchase price: $29.347 per share
Shares owned after transaction: 351.703 shares
3 metrics
Shares purchased
255.563 shares
Open-market purchase of Common Stock on transaction date
Purchase price
$29.347 per share
Price paid for YORK WATER CO Common Stock
Shares owned after transaction
351.703 shares
Director’s direct holdings following the purchase
Key Terms
open-market purchase, Common Stock, dividend reinvestment plan
3 terms
open-market purchase financial
"classified as an open-market purchase with transaction code P"
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
"open-market purchase of 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 CO (YORW) report?
YORK WATER CO reported that director William T. Yanavitch II made an open-market purchase of Common Stock. He bought 255.563 shares, which is disclosed as a routine acquisition rather than a sale or disposition.
What are the total YORK WATER CO (YORW) holdings of the director after this transaction?
After the transaction, the director’s direct holdings total 351.703 YORK WATER CO Common Stock shares. This figure, according to the disclosure, includes shares that were previously acquired under The York Water Company dividend reinvestment plan.
Was the YORK WATER CO (YORW) insider transaction a purchase or a sale?
The insider transaction was a purchase. The filing classifies it as an open-market purchase with transaction code P, meaning the director bought additional YORK WATER CO Common Stock rather than selling or disposing of any shares.
Does the YORK WATER CO (YORW) filing mention a dividend reinvestment plan?
Yes. A footnote explains that the reported holdings include shares acquired under The York Water Company dividend reinvestment plan. This indicates some shares were accumulated automatically through reinvested dividends rather than only through market purchases.