York Water Co. Reports Director Changes and Officer Compensation Updates
Ticker: YORW · Form: 8-K · Filed: Aug 27, 2024 · CIK: 108985
| Field | Detail |
|---|---|
| Company | York Water Co (YORW) |
| Form Type | 8-K |
| Filed Date | Aug 27, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, officer-changes, director-changes
Related Tickers: YORW
TL;DR
York Water Co. swapped a director and updated exec pay. Nothing earth-shattering, but watch for governance shifts.
AI Summary
The York Water Company announced on August 26, 2024, changes in its officer and director positions. Specifically, it reported the departure of a director and the election of a new director, along with updates to compensatory arrangements for certain officers.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing details routine corporate governance changes and officer compensation adjustments, which are typical for public companies and do not indicate significant operational or financial risks.
Key Players & Entities
- THE YORK WATER COMPANY (company) — Registrant
- Pennsylvania (location) — State of incorporation
- August 26, 2024 (date) — Date of earliest event reported
FAQ
What specific item information is being reported in this 8-K filing?
This 8-K filing reports on the Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; and Compensatory Arrangements of Certain Officers.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on August 26, 2024.
What is the principal executive office address for The York Water Company?
The principal executive office address is 130 East Market Street, York, Pennsylvania 17401-1219.
What is the company's fiscal year end?
The company's fiscal year end is December 31.
What is the SIC code for The York Water Company?
The Standard Industrial Classification (SIC) code for The York Water Company is 4941, which corresponds to Water Supply.
Filing Stats: 517 words · 2 min read · ~2 pages · Grade level 10.7 · Accepted 2024-08-27 10:49:01
Filing Documents
- form8k-082624.htm (8-K) — 36KB
- image1.jpg (GRAPHIC) — 4KB
- 0000108985-24-000077.txt ( ) — 179KB
- yorw-20240826.xsd (EX-101.SCH) — 4KB
- yorw-20240826_lab.xml (EX-101.LAB) — 21KB
- yorw-20240826_pre.xml (EX-101.PRE) — 16KB
- form8k-082624_htm.xml (XML) — 4KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. At its regularly scheduled meeting on August 26, 2024, the Board of Directors (the "Board") of The York Water Company (the "Company") appointed Mr. Robert F. Lambert as a new independent director to the Board, effective September 1, 2024. Mr. Lambert is currently the president of York County Libraries as well as a director of Traditions Bank and Capital Blue Cross. He was appointed to a class of directors with terms expiring at the 2025 Annual Meeting of Shareholders. Mr. Lambert will also be assigned to the Board's Audit Committee. There is no arrangement or understanding between Mr. Lambert and any other person pursuant to which he was appointed as a director of the Company. Additionally, there is no transaction between Mr. Lambert and the Company that would require disclosure under Item 404(a) of Regulation S-K. THE YORK WATER COMPANY
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. THE YORK WATER COMPANY /s/ Matthew E. Poff Date: August 27, 2024 Matthew E. Poff Chief Financial Officer