Chiaruttini Alexandra C 4
Research Summary
AI-generated summary
YORK WATER CO (YORW) CAO Alexandra Chiaruttini Receives Award
What Happened
Alexandra C. Chiaruttini, Chief Administrative Officer & General Counsel of York Water Co. (YORW), received a grant of 883 restricted shares on 2026-05-04. The Form 4 reports an acquisition price of $0.00 for the award (transaction code A). The grant is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-05-04, 883 shares acquired at $0.00 (grant).
- Vesting: Footnote F1 — restricted stock vests equitably over three years.
- Shares owned after transaction: not specified in the excerpted filing; Footnote F2 notes prior holdings include shares acquired under the company's dividend reinvestment plan (DRIP).
- Filing date/timeliness: Form was filed 2026-05-06 (appears timely — within the standard two-business-day Form 4 window).
- Transaction code: A = Award/Grant.
Context Restricted stock grants are compensation and typically carry vesting and transfer restrictions; they are not the same as a purchase (they don't necessarily signal a personal cash investment). The reported $0.00 is the acquisition price shown on the Form 4 for the grant; the filing does not state a market value or total fair-value amount.