York Water Co: insider trades · United States · SEC (Form 4)

About York Water Co

The York Water Company (ticker YORW) is a U.S.-listed regulated utility traded on NASDAQ in the United States, with its headquarters in York, Pennsylvania. Its business model is straightforward and highly defensible: impound, purify, and distribute drinking water, while also collecting, conveying, and treating wastewater to help preserve local water quality. The company operates under authorization from the Pennsylvania Public Utility Commission and the Pennsylvania Department of Environmental Protection, which places it in a regulated framework typical of essential-service utilities. ([yorkwater.com](https://www.yorkwater.com/investor-relations/)) York Water’s history is a key part of the equity story. The company highlights that it has served the York area since 1816 and presents itself as America’s oldest investor-owned water utility. Its headquarters at 130 East Market Street in York reflects that long-standing local footprint. For investors, this legacy matters because it signals a utility franchise built over generations, with a culture centered on resilient, redundant, and reliable infrastructure investment rather than aggressive expansion. ([yorkwater.com](https://www.yorkwater.com/investor-relations/annual-reports/)) Operationally, the company focuses on two core lines of business: water utility services and wastewater services. Growth comes from a combination of organic customer additions, system acquisitions, and ongoing capital spending on distribution and collection networks. In 2024, York Water increased its customer count to 79,771 and expanded its infrastructure to 1,101 miles of water mains and 131 miles of wastewater mains. Revenue for 2024 reached $74.959 million, up 5.5% year over year, driven mainly by customer growth and rate increases. The customer base is predominantly residential, which tends to support stable demand and recurring cash flow characteristics. ([yorkwater.com](https://www.yorkwater.com/wp-content/uploads/The-York-Water-Company-2024-10-K-bookmarked.pdf)) From a competitive standpoint, York Water is not a national-scale utility; it is a regional, Pennsylvania-centric platform with deep local operating knowledge. That regional focus is part of its moat. The company benefits from a concentrated franchise area, regulated pricing, and the critical nature of its services. It also emphasizes continuity, including a long record of uninterrupted service and regular dividend payments, which helps position the stock as a defensive income-oriented holding for public-market investors. ([yorkwater.com](https://www.yorkwater.com/investor-relations/annual-reports/?utm_source=openai)) Recent developments reinforce the same investment narrative. In May 2025, the company filed a rate request with the Pennsylvania PUC seeking a $24.2 million increase in annual revenues. In early 2026, it announced wastewater acquisitions serving the Chanceford Crossing community and the Pine Run Retirement Community, extending its utility footprint and consolidating operations. In March 2026, York Water reported 2025 results: operating revenues of $77.488 million and a capital plan of approximately $48 million per year for 2026 and 2027, excluding acquisitions. In April 2026, the company also completed an equity offering, which underscores the capital-intensive nature of the business and management’s willingness to fund continued infrastructure growth. ([yorkwater.com](https://www.yorkwater.com/the-york-water-company-files-a-rate-request/?utm_source=openai))