York Water (YORW) COO adds 700 shares in open-market buy
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 700 shares of Common Stock at $29.30 per share. After this transaction, he directly owns 2,570.077 shares, which includes shares acquired under The York Water Company dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 700 shares ($20,510)
Net Buy
1 txn
Insider
Scarpato Matthew J
Role
Chief Operating Officer
Bought
700 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 700 | $29.30 | $21K |
Holdings After Transaction:
Common Stock — 2,570.077 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 700 shares
Purchase price: $29.30 per share
Shares owned after trade: 2,570.077 shares
+1 more
4 metrics
Shares purchased
700 shares
Open-market purchase of Common Stock
Purchase price
$29.30 per share
Price for the 700-share open-market buy
Shares owned after trade
2,570.077 shares
Direct holdings following the purchase
Net buy shares
700 shares
Net change in buy/sell activity in this filing
Key Terms
open-market purchase, Common Stock, dividend reinvestment plan
3 terms
open-market purchase financial
"transaction_action: "open-market purchase""
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: "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 YORW COO Matthew Scarpato report?
Matthew J. Scarpato, Chief Operating Officer of York Water Company, reported buying 700 shares of Common Stock in an open-market purchase at $29.30 per share. This filing reflects a direct increase in his personal share ownership stake.
What role does the dividend reinvestment plan play in the YORW COO’s holdings?
A footnote explains that the reported post-transaction holdings of 2,570.077 shares include shares acquired under The York Water Company dividend reinvestment plan. This plan automatically reinvests dividends into additional company shares.