Brossman Douglas S 4
Research Summary
AI-generated summary
York Water Director Douglas Brossman Buys $1,000 of Stock
What Happened
Douglas S. Brossman, a director of York Water Co. (YORW), acquired 32.264 shares on 2026-07-20 at $30.99 per share for a total of $1,000. The transaction is reported as a purchase (Code P), which reflects an acquisition of company stock rather than a sale.
Key Details
- Transaction date: 2026-07-20
- Price and quantity: 32.264 shares at $30.99 per share = $1,000 total
- Transaction type: Open market or private purchase (Code P)
- Footnote: Includes shares acquired under The York Water Company dividend reinvestment plan (DRIP)
- Shares owned after transaction: Not specified in the provided filing
- Filing/timeliness: Report filed with period 2026-07-20; no late filing indicated
Context
This was a small purchase by a company director and involved reinvestment of dividends (per the footnote), a common way insiders incrementally increase holdings. Purchases can be of interest to investors, but this transaction is modest in size and does not involve option exercises, gifts, or 10% owner activity.