York Water (YORW) CAO receives 883-share restricted stock grant, now holds 5,839
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
York Water Company reported that its CAO and General Counsel, Alexandra C. Chiaruttini, received a grant of 883 shares of common stock as restricted stock, with the award scheduled to vest evenly over three years. Following this grant, she directly holds a total of 5,838.781 common shares, which include shares acquired under The York Water Company dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chiaruttini Alexandra C
Role
CAO & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 883 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,838.781 shares (Direct, null)
Footnotes (1)
- Grant of restricted stock to vest equitably over three years. Includes shares acquired under The York Water Company dividend reinvestment plan.
Key Figures
Restricted stock grant: 883 shares
Post-transaction holdings: 5,838.781 shares
Grant price per share: $0.0000 per share
3 metrics
Restricted stock grant
883 shares
Common Stock, grant coded as A on May 4, 2026
Post-transaction holdings
5,838.781 shares
Total common shares directly held after grant
Grant price per share
$0.0000 per share
Indicates compensation grant, not market purchase
Key Terms
restricted stock, dividend reinvestment plan, grant, award, or other acquisition
3 terms
restricted stock financial
"Grant of restricted stock to vest equitably over three years."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did YORK WATER CO (YORW) report for Alexandra C. Chiaruttini?
YORK WATER CO reported that CAO and General Counsel Alexandra C. Chiaruttini received a grant of 883 restricted common shares. This is a compensation-related equity award, not an open-market purchase or sale, and increases her directly held share position in the company.
Was the YORW insider transaction an open-market buy or sell?
The YORW insider transaction was not an open-market buy or sell. It is coded as a grant or award (transaction code A), meaning 883 common shares of restricted stock were awarded as compensation at no purchase price, rather than acquired or disposed of in market trading.
What does the dividend reinvestment plan reference mean in the YORW Form 4 footnote?
The footnote explains that Alexandra C. Chiaruttini’s reported holdings include shares acquired under The York Water Company dividend reinvestment plan. Under such a plan, cash dividends are automatically used to purchase additional common shares, incrementally increasing the insider’s ownership over time.