York Water (YORW) Form 4: CEO Acquires 200 Shares via DRIP
Rhea-AI Filing Summary
Joseph Thomas Hand, President & CEO and Director of York Water Company (YORW) reported an insider purchase on 09/09/2025. He acquired 200 shares of common stock at a price of $30.68 per share, and the filing notes these include shares purchased under the company's dividend reinvestment plan. After the transaction, Mr. Hand's reported beneficial ownership was 38,336.6586 shares (direct) plus 99.168 shares (indirect) held by his child.
Positive
- Insider purchase disclosed: CEO acquired 200 shares at $30.68, showing continued insider ownership
- Dividend reinvestment plan participation: Filing explicitly includes shares acquired under the company's DRIP
Negative
- None.
Insights
TL;DR: Company CEO reported a small open-market purchase of 200 shares at $30.68 on 09/09/2025.
From a securities-analyst perspective this Form 4 documents a modest insider purchase by the CEO, funded via the open market and including participation in the dividend reinvestment plan. The transaction size (200 shares) is small relative to the reported total direct holdings (38,336.6586 shares), suggesting limited immediate impact on ownership concentration or control. This is a routine disclosure required under Section 16 and does not by itself signal material corporate change.
TL;DR: Routine insider acquisition disclosed; consistent with executive ownership maintenance but not materially impactful.
The filing shows compliance with Section 16 reporting and records the CEO's participation in the dividend reinvestment plan. The indirect holding attributed to a child (99.168 shares) is disclosed, demonstrating attention to beneficial ownership rules. There is no indication of amendments, plans like 10b5-1, or derivative transactions in this filing.