York Water (YORW) CEO receives 1,509-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
York Water Co President & CEO Joseph Thomas Hand reported a compensation-related stock grant. He received 1,509 shares of Common Stock at a price of $0.0000 per share as a grant of restricted stock that will vest equitably over three years. Following this award, he directly holds 42,840.8486 shares of Common Stock. A separate indirect entry shows 101.3770 shares held by a child, which includes shares acquired under The York Water Company dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hand Joseph Thomas
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,509 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 42,840.849 shares (Direct, null);
Common Stock — 101.377 shares (Indirect, by child)
Footnotes (1)
- Grant of restricted stock to vest equitably over three years. Includes shares acquired under The York Water Company dividend reinvestment plan.
Key Figures
Restricted stock grant: 1,509 shares
Grant price: $0.0000 per share
Direct holdings after grant: 42,840.8486 shares
+1 more
4 metrics
Restricted stock grant
1,509 shares
Grant of Common Stock at $0.0000 per share
Grant price
$0.0000 per share
Transaction price for 1,509-share restricted stock grant
Direct holdings after grant
42,840.8486 shares
Common Stock directly owned by CEO after transaction
Indirect holdings by child
101.3770 shares
Common Stock held indirectly by child, including DRIP shares
Key Terms
restricted stock, dividend reinvestment plan, grant, award, or other acquisition
3 terms
restricted stock financial
"Grant of restricted stock to vest equitably over three years."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did YORW President & CEO Joseph Thomas Hand report in this Form 4?
He reported a grant of 1,509 shares of York Water common stock as compensation. The grant is classified as restricted stock and is recorded at a price of $0.0000 per share, reflecting a non-cash equity award rather than a market purchase.
What indirect holdings in York Water (YORW) stock are reported for the CEO?
An indirect holding of 101.3770 shares of York Water common stock is reported as held by a child. The filing explains that this amount includes shares acquired through The York Water Company dividend reinvestment plan associated with that account.