YORK WATER CO (YORW) CEO adds 25 shares in open-market purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
YORK WATER CO President & CEO Joseph Thomas Hand bought additional shares of company stock. On June 19, he made an open-market purchase of 25 shares of common stock at $29.53 per share. After this transaction, his direct holdings total 42,865.8486 shares, with a further 101.377 shares held indirectly by a child. Some of these shares were acquired through The York Water Company dividend reinvestment plan, showing ongoing use of automatic reinvestment rather than a large discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 25 shares ($738)
Net Buy
2 txns
Insider
Hand Joseph Thomas
Role
President & CEO
Bought
25 shs ($738.25)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 25 | $29.53 | $738.25 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 42,865.849 shares (Direct, null);
Common Stock — 101.377 shares (Indirect, by child)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 25 shares
Purchase price: $29.53 per share
Direct holdings after transaction: 42,865.8486 shares
+2 more
5 metrics
Shares purchased
25 shares
Open-market purchase of common stock on June 19
Purchase price
$29.53 per share
Price paid for 25 common shares
Direct holdings after transaction
42,865.8486 shares
Total direct common stock ownership following trade
Indirect holdings
101.377 shares
Common stock held indirectly by child
Net buy direction
25 net shares bought
transactionSummary netBuySellShares
Key Terms
open-market purchase, dividend reinvestment plan, indirect ownership, Form 4
4 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.
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.
indirect ownership financial
"total_shares_following_transaction 101.3770, ownership_type indirect by child"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did YORK WATER CO (YORW) report for Joseph Thomas Hand?
YORK WATER CO reported that President & CEO Joseph Thomas Hand bought 25 shares of common stock in an open-market transaction at $29.53 per share on June 19, increasing his direct ownership position modestly.
Was the YORK WATER CO (YORW) insider trade a purchase or a sale?
The Form 4 shows a purchase. Joseph Thomas Hand executed an open-market buy of 25 YORK WATER CO common shares at $29.53 each, classified under transaction code P for a purchase in the market or private transaction.
What does the dividend reinvestment plan note mean in the YORW Form 4?
A footnote explains that the reported holdings include shares acquired under The York Water Company dividend reinvestment plan, meaning some shares were accumulated automatically by reinvesting dividends rather than through separate cash purchases.