York Water (YORW) CEO adds 1,052 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
York Water Company CEO and President Joseph Thomas Hand bought additional shares of the company’s common stock in the open market. On April 16, 2026, he purchased 1,052 shares at $28.50 per share, bringing his direct holdings to 41,331.8486 shares.
The filing also shows 101.377 shares of common stock held indirectly by a child. A footnote states that the reported holdings include shares acquired under The York Water Company dividend reinvestment plan, indicating some shares were accumulated through automatic reinvestment of dividends.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,052 shares ($29,982)
Net Buy
2 txns
Insider
Hand Joseph Thomas
Role
CEO & President
Bought
1,052 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,052 | $28.50 | $30K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 41,331.849 shares (Direct);
Common Stock — 101.377 shares (Indirect, by child)
Footnotes (1)
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Key Figures
Shares purchased: 1,052 shares
Purchase price: $28.50 per share
Direct holdings after transaction: 41,331.8486 shares
+1 more
4 metrics
Shares purchased
1,052 shares
Open-market purchase on April 16, 2026
Purchase price
$28.50 per share
Price paid for YORK WATER CO common stock
Direct holdings after transaction
41,331.8486 shares
CEO’s direct YORK WATER CO common stock position
Indirect holdings
101.377 shares
Common stock held indirectly by child
Key Terms
open-market purchase, indirect, dividend reinvestment plan
3 terms
open-market purchase financial
"he purchased 1,052 shares at $28.50 per share in an 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.
indirect financial
"The filing also shows 101.377 shares of common stock held indirectly 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.
FAQ
What insider transaction did YORK WATER CO (YORW) report for Joseph Thomas Hand?
YORK WATER CO reported that CEO and President Joseph Thomas Hand made an open-market purchase of 1,052 shares of common stock on April 16, 2026 at $28.50 per share, increasing his direct ownership position in the company.
What was the purchase price in the YORK WATER CO (YORW) insider buy?
The insider open-market purchase was executed at $28.50 per share. Joseph Thomas Hand acquired 1,052 shares of YORK WATER CO common stock at this price, as disclosed in the Form 4 transaction details for April 16, 2026.
Does the YORK WATER CO (YORW) Form 4 include indirect holdings for Joseph Thomas Hand?
Yes. In addition to his direct holdings, the Form 4 notes 101.377 shares of YORK WATER CO common stock held indirectly, described as owned "by child," indicating family-related beneficial ownership alongside his personal position.
What role does the dividend reinvestment plan play in YORK WATER CO (YORW) holdings?
A footnote explains that the reported holdings include shares acquired under The York Water Company dividend reinvestment plan. This means some of Joseph Thomas Hand’s shares were accumulated automatically by reinvesting cash dividends into additional common stock.