York Water (YORW) CEO adds shares in small open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
York Water Company CEO and President Joseph Thomas Hand reported an open-market purchase of 102.999 shares of common stock at $29.127 per share on April 16, 2026. After this trade, he directly holds 40,279.8486 shares and has indirect ownership of 101.377 shares held by a child. Some of these shares were acquired through The York Water Company dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 102.999 shares ($3,000)
Net Buy
2 txns
Insider
Hand Joseph Thomas
Role
CEO & President
Bought
102.999 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 102.999 | $29.127 | $3K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 40,279.849 shares (Direct);
Common Stock — 101.377 shares (Indirect, by child)
Footnotes (1)
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Key Figures
Shares purchased: 102.999 shares
Purchase price: $29.127 per share
Direct holdings after trade: 40,279.8486 shares
+1 more
4 metrics
Shares purchased
102.999 shares
Open-market purchase on April 16, 2026
Purchase price
$29.127 per share
Price paid for common stock
Direct holdings after trade
40,279.8486 shares
Common stock directly owned by CEO after transaction
Indirect holdings
101.377 shares
Common stock held indirectly by child
Key Terms
open-market purchase, indirect ownership, dividend reinvestment plan, Form 4
4 terms
open-market purchase financial
"reported an open-market purchase of 102.999 shares 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.
indirect ownership financial
"has indirect ownership of 101.377 shares held by a child"
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.
Form 4 regulatory
"according to the ownership details disclosed in the Form 4 filing"
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 (YORW) report for its CEO?
York Water’s CEO and President Joseph Thomas Hand reported buying 102.999 common shares in an open-market transaction at $29.127 per share. Following this purchase, he holds 40,279.8486 shares directly, plus 101.377 shares indirectly through a child’s account.
What does indirect ownership by a child mean in the York Water (YORW) filing?
Indirect ownership by a child means 101.377 York Water shares are held in an account attributed to the CEO’s child. The Form 4 classifies these as indirectly owned, separate from his 40,279.8486 directly held shares, clarifying different ownership arrangements.