CHESAPEAKE UTILITIES CORP·4

Feb 26, 6:33 PM ET

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.