Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers - This 8-K reports personnel and governance changes at York Water Company as of August 17, 2026 Filing Date and Company Information - Current report filed August 18, 2026 by The York Water Company, a Pennsylvania-incorporated water supply…

Our analysis rates this filing BULLISH. This filing represents a positive governance development with no material concerns. The appointment of David M. Velazquez, former President and CEO of PECO Energy, to York Water Company's board and Executive Committee is a clear strengthening of corporate…

Concern level: LOW (1.5/10).

Notable risk changes: Board appointment of David M. Velazquez as independent director effective September 1, 2026 - brings 40+ years utility industry experience including cybersecurity and regulatory expertise; New director assigned to Executive Committee, strengthening governance with executive-level utility operations background; No material conflicts of interest or related-party transactions disclosed with new…