Joseph Thomas Hand, President and Chief Executive Officer of York Water Co (NASDAQ:YORW), reported a personal purchase of 15 shares of the company’s common stock on March 16, 2026. According to a Form 4 filing with the Securities and Exchange Commission, the shares were bought at $31.55 each, for a total transaction value of $473.
The filing shows the purchase raised Hand’s direct ownership to 39,887.0776 shares. The document also notes that Hand holds an indirect interest of 100.645 shares through a child. The share totals account for stock received under The York Water Company dividend reinvestment plan.
The trade came as the company’s stock was trading close to its 52-week low of $29.68. Independent analysis from InvestingPro included in the company data indicates that York Water is currently valued above its estimated Fair Value, although the filing itself contains only details of the transaction and ownership totals.
York Water has a long record of shareholder distributions, having paid dividends for 53 consecutive years. InvestingPro data lists the company’s current dividend yield at 2.89%.
In a separate governance development, York Water announced the retirement of director George W. Hodges. Mr. Hodges joined the board in June 2000 and served for more than 25 years. During his tenure he held the role of Chair of the Board from 2011 to 2021 and again from 2023 to 2025. At the time of his retirement he was a member of the company’s Executive Committee.
The company said Mr. Hodges will be designated as a Director Emeritus in accordance with its retirement policy. York Water has not yet named a successor to fill his seat on the board.
Both the insider purchase and the board transition were disclosed through formal company filings and announcements. The Form 4 provides the regulatory record of Hand’s purchase, while the board retirement notice conveys the governance change and the company’s plan to accord Mr. Hodges emeritus status.
No additional commentary about future leadership changes or further insider activity was included in the filings. Investors and analysts relying on the public filings will find the transaction size, the updated ownership figures, the dividend record, and the board retirement documented in the respective filings and company release.