York Water Co (NASDAQ:YORW) reported a small insider purchase on April 16, 2026, when Mark S. Snyder, the company's Vice President of Engineering, bought 10.3 shares of common stock, according to a Form 4 filing with the Securities and Exchange Commission.
The shares were acquired at $29.127 per share, for a total outlay of approximately $300. After completing the transaction, Snyder directly holds 4,574.337 shares of York Water Co. That total includes shares obtained through the company’s dividend reinvestment plan.
This insider purchase coincides with York Water’s shares trading near their 52-week low. The stock has a low of $28.26 over the past year and was quoted at $30.16 at the time of reporting. The utility carries an estimated market capitalization of $446 million and a dividend yield of 3.02%. The company has a documented history of dividend payments spanning 53 consecutive years, according to InvestingPro data.
InvestingPro analysis cited in filings and corporate disclosures characterizes the stock as slightly overvalued relative to its Fair Value and lists York Water among companies on its most overvalued list. The note also indicates there are six additional ProTips available to subscribers, per the same InvestingPro material.
Separately, The York Water Company has filed for a public offering of common stock. The proposed sale comprises 1,521,739 shares at an offering price of $28.50 per share. Gross proceeds from the offering are expected to be about $43 million prior to deductions for underwriting discounts and commissions. The underwriting agreement includes a 30-day option allowing underwriters to purchase up to an additional 228,261 shares at the same price.
In governance and personnel developments, the company disclosed that Ashley M. Grimm, Esq. has resigned from her positions as Vice President of Human Resources and Secretary, effective May 14, 2026. The company stated that her resignation was not the result of any disagreements with the company concerning policies or practices.
Additionally, George W. Hodges retired from the Board of Directors after more than 25 years of service, in keeping with the company's retirement policy. Mr. Hodges served as Chair of the Board during two separate periods and will assume the title of Director Emeritus.
Taken together, the small insider purchase, the equity offering and the leadership changes represent the most recent corporate actions disclosed by York Water. The insider transaction was modest in size but was formally recorded in the SEC filing, while the public offering and board-level shifts are material corporate developments disclosed by the company.