4Filed Aug 26, 8:00 PM ET
York Water (YORW) CEO Joseph Hand Acquires ~103 Shares
$YORW · YORK WATER COResearch Summary
AI-generated summary of this SEC filing
York Water (YORW) CEO Joseph Hand Acquires ~103 Shares
What Happened
Joseph Thomas Hand, President & CEO and a director of York Water Co. (YORW), acquired 102.999 shares on April 16, 2026 at $29.13 per share, a transaction valued at about $3,000. The shares were obtained under the company's Employee Stock Purchase Plan (ESPP) and reported on a Form 4 (the filing was later amended to correct the transaction code).
Key Details
- Transaction date and price: April 16, 2026; 102.999 shares at $29.13 each (total ≈ $3,000).
- Transaction type: Acquisition via ESPP (transaction code corrected to "A" on the amendment; originally mis-coded).
- Filing timeline: Original Form 4 filed on April 16, 2026; amendment filed August 27, 2026 solely to correct the transaction code.
- Ownership after transaction: Not specified in the excerpt; the amendment notes the reported amount as of the amendment filing includes shares from the company’s Dividend Reinvestment Plan (DRIP).
- Exemption note: Shares acquired under the ESPP were exempt under Rule 16b-3(d) and Rule 16b-3(c) (routine plan-based transactions).
Context
This was a small, routine purchase through an employee plan and is generally considered a normal compensation/benefit-related transaction rather than an active market trade. ESPP and DRIP activity is common for insiders and does not, by itself, indicate a change in management’s view of the company.