The York Water Company
US ˙ NasdaqGS ˙ US9871841089

Introduction

This page provides a comprehensive analysis of the known insider trading history of Mark A Wheeler. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

See Highest Ranking Insiders
Companies with Reported Insider Positions

The SEC filings indicate Mark A Wheeler has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:YORW / The York Water Company Chief Operating Officer 5,201
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Mark A Wheeler. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases YORW / The York Water Company - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in YORW / The York Water Company. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
2023-04-17 YORW Wheeler Mark A 115 42.2584 115 42.2584 4,875 52 45.2400 328 6.72
2023-03-10 YORW Wheeler Mark A 17 44.0000 17 44.0000 748
2023-01-18 YORW Wheeler Mark A 114 42.9020 114 42.9020 4,875
2022-10-17 YORW Wheeler Mark A 133 36.7128 133 36.7128 4,875
2022-08-25 YORW Wheeler Mark A 25 44.6900 25 44.6900 1,117
2022-07-18 YORW Wheeler Mark A 128 37.9763 128 37.9763 4,875
2022-04-18 YORW Wheeler Mark A 113 43.0398 113 43.0398 4,875
2022-04-14 YORW Wheeler Mark A 11 41.0227 11 41.0227 433
2022-04-05 YORW Wheeler Mark A 400 41.0000 400 41.0000 16,400
2022-01-18 YORW Wheeler Mark A 104 46.9870 104 46.9870 4,875
2022-01-14 YORW Wheeler Mark A 9 46.4503 9 46.4503 411
2021-12-10 YORW Wheeler Mark A 26 47.0400 26 47.0400 1,223
2021-10-18 YORW Wheeler Mark A 116 42.0375 116 42.0375 4,875
2021-10-15 YORW Wheeler Mark A 9 42.3343 9 42.3343 366
2021-10-06 YORW Wheeler Mark A 6 45.2200 6 45.2200 271
2021-07-16 YORW Wheeler Mark A 112 43.5195 112 43.5195 4,875
2021-07-15 YORW Wheeler Mark A 8 44.1275 8 44.1275 344
2021-04-16 YORW Wheeler Mark A 106 45.9539 106 45.9539 4,875
2021-04-15 YORW Wheeler Mark A 4 41.1036 4 41.1036 181
2021-01-19 YORW Wheeler Mark A 102 44.1085 102 44.1085 4,500
2021-01-15 YORW Wheeler Mark A 4 44.6805 4 44.6805 161
2020-10-16 YORW Wheeler Mark A 120 40.4083 120 40.4083 4,846
2020-10-15 YORW Wheeler Mark A 3 39.8530 3 39.8530 133
2020-07-16 YORW Wheeler Mark A 99 45.2723 99 45.2723 4,500
2020-07-15 YORW Wheeler Mark A 1 44.5581 1 44.5581 65
2020-04-16 YORW Wheeler Mark A 107 41.9235 107 41.9235 4,501
2020-04-15 YORW Wheeler Mark A 1 44.5452 1 44.5452 46
2020-01-16 YORW Wheeler Mark A 16 43.9233 16 43.9233 692
2020-01-15 YORW Wheeler Mark A 1 44.0012 1 44.0012 43
2019-11-20 YORW Wheeler Mark A 237 42.1319 237 42.1319 10,000

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

YORW / The York Water Company Insider Trades
Insider Sales YORW / The York Water Company - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in YORW / The York Water Company. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

YORW / The York Water Company Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Mark A Wheeler as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change		 Share
Price		 Tran
Value		 Remaining
Value
2023-05-03 2023-05-01 4 YORW YORK WATER CO
Common Stock 		A - Award 783 5,201 17.72
2023-04-17 2023-04-17 4 YORW YORK WATER CO
Common Stock 		P - Purchase 115 4,416 2.68 42.26 4,875 186,603
2023-03-13 2023-03-10 4 YORW YORK WATER CO
Common Stock 		P - Purchase 17 4,282 0.40 44.00 748 188,419
2023-01-19 2023-01-18 4 YORW YORK WATER CO
Common Stock 		P - Purchase 114 4,265 2.74 42.90 4,875 182,987
2022-10-18 2022-10-17 4 YORW YORK WATER CO
Common Stock 		P - Purchase 133 4,130 3.32 36.71 4,875 151,635
2022-08-26 2022-08-25 4 YORW YORK WATER CO
Common Stock 		P - Purchase 25 3,979 0.63 44.69 1,117 177,837
2022-07-18 2022-07-18 4 YORW YORK WATER CO
Common Stock 		P - Purchase 128 3,952 3.36 37.98 4,875 150,100
2022-05-04 2022-05-02 4 YORW YORK WATER CO
Common Stock 		A - Award 1,060 3,807 38.59
2022-04-18 2022-04-18 4 YORW YORK WATER CO
Common Stock 		P - Purchase 113 2,747 4.30 43.04 4,875 118,212
2022-04-18 2022-04-14 4 YORW YORK WATER CO
Common Stock 		P - Purchase 11 2,633 0.40 41.02 433 108,025
2022-04-06 2022-04-05 4 YORW YORK WATER CO
Common Stock 		P - Purchase 400 2,623 18.00 41.00 16,400 107,533
2022-01-18 2022-01-18 4 YORW YORK WATER CO
Common Stock 		P - Purchase 104 2,223 4.90 46.99 4,875 104,440
2022-01-18 2022-01-14 4 YORW YORK WATER CO
Common Stock 		P - Purchase 9 2,119 0.42 46.45 411 98,428
2021-12-13 2021-12-10 4 YORW YORK WATER CO
Common Stock 		P - Purchase 26 2,110 1.25 47.04 1,223 99,261
2021-10-18 2021-10-18 4 YORW YORK WATER CO
Common Stock 		P - Purchase 116 2,084 5.89 42.04 4,875 87,612
2021-10-18 2021-10-15 4 YORW YORK WATER CO
Common Stock 		P - Purchase 9 1,968 0.44 42.33 366 83,321
2021-10-07 2021-10-06 4 YORW YORK WATER CO
Common Stock 		P - Purchase 6 1,960 0.31 45.22 271 88,609
2021-07-16 2021-07-16 4 YORW YORK WATER CO
Common Stock 		P - Purchase 112 1,954 6.08 43.52 4,875 85,016
2021-07-16 2021-07-15 4 YORW YORK WATER CO
Common Stock 		P - Purchase 8 1,841 0.42 44.13 344 81,261
2021-05-05 2021-05-03 4 YORW YORK WATER CO
Common Stock 		A - Award 759 1,834 70.62
2021-04-16 2021-04-16 4 YORW YORK WATER CO
Common Stock 		P - Purchase 106 1,075 10.95 45.95 4,875 49,387
2021-04-16 2021-04-15 4 YORW YORK WATER CO
Common Stock 		P - Purchase 4 969 0.46 41.10 181 39,814
2021-01-20 2021-01-19 4 YORW YORK WATER CO
Common Stock 		P - Purchase 102 964 11.83 44.11 4,500 42,530
2021-01-20 2021-01-15 4 YORW YORK WATER CO
Common Stock 		P - Purchase 4 862 0.42 44.68 161 38,523
2020-10-16 2020-10-16 4 YORW YORK WATER CO
Common Stock 		P - Purchase 120 859 16.24 40.41 4,846 34,694
2020-10-16 2020-10-15 4 YORW YORK WATER CO
Common Stock 		P - Purchase 3 739 0.45 39.85 133 29,438
2020-09-22 2020-09-18 4 YORW YORK WATER CO
Common Stock 		A - Award 272 735 58.70
2020-07-17 2020-07-16 4 YORW YORK WATER CO
Common Stock 		P - Purchase 99 463 27.31 45.27 4,500 20,976
2020-07-17 2020-07-15 4 YORW YORK WATER CO
Common Stock 		P - Purchase 1 364 0.40 44.56 65 16,216
2020-04-16 2020-04-16 4 YORW YORK WATER CO
Common Stock 		P - Purchase 107 362 42.08 41.92 4,501 15,196
2020-04-16 2020-04-15 4 YORW YORK WATER CO
Common Stock 		P - Purchase 1 255 0.40 44.55 46 11,364
2020-01-16 2020-01-16 4 YORW YORK WATER CO
Common Stock 		P - Purchase 16 254 6.61 43.92 692 11,160
2020-01-16 2020-01-15 4 YORW YORK WATER CO
Common Stock 		P - Purchase 1 238 0.41 44.00 43 10,486
2019-11-21 2019-11-20 4 YORW YORK WATER CO
Common Stock 		P - Purchase 237 237 42.13 10,000 10,000
2019-11-21 3 YORW YORK WATER CO
Common Stock 		0
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)