Householder Jeffry M 4
Research Summary
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Chesapeake Utilities (CPK) CEO Jeffry Householder Receives Award
What Happened
- Jeffry M. Householder, President & CEO and Director of Chesapeake Utilities Corporation (CPK), received an award/acquisition of 21,123 shares on February 24, 2026. The grant was recorded at $135.05 per share, totaling approximately $2,852,661. This filing reports an award/issuance rather than an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-02-24 at $135.05 per share (total value ≈ $2,852,661).
- Transaction type: Award/Grant (Form 4 code A — acquisition/award).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes:
- A portion of the shares will be withheld to cover the tax liability from the issuance; the exact withholding amount will be reported in an amendment or a subsequent Form 4 (F1).
- Includes 2 shares acquired via dividend reinvestment under the company’s Dividend Reinvestment and Direct Stock Purchase Plan (F2).
- Filing notes 31,504 deferred stock units (176 acquired via dividend reinvestment since the last filing); deferred units settle one-for-one into common stock (F3).
- Two 401(k) plan shares were purchased via dividend reinvestment since the last filing (F4).
- Filing timeliness: Form 4 was filed on 2026-02-26 for a 2026-02-24 transaction — appears to be filed within the typical two-business-day window.
Context
- This transaction is an award/grant (compensation-related issuance), which is different from an open-market purchase or a sale. Such grants are common for executives and reflect compensation rather than a direct personal cash purchase; any tax withholding details will be clarified in an amendment when determined.