Moriarty James F 4
4 · CHESAPEAKE UTILITIES CORP · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Chesapeake Utilities (CPK) EVP James Moriarty Receives Award
What Happened
James F. Moriarty, Executive Vice President & General Counsel of Chesapeake Utilities Corporation (CPK), received a stock award of 7,557 shares on 2026-02-24. The award is reported at $135.05 per share, for a total reported value of $1,020,573. This was an award/grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-24; Form 4 filed 2026-02-26 (timely filing within required window).
- Award details: 7,557 shares acquired at $135.05/share (total ~$1,020,573).
- Shares owned after transaction: Not specified in the provided filing.
- Tax withholding: A portion of the awarded shares will be withheld to cover tax liability; the exact amount has not yet been determined and will be reported later (footnote F1).
- Dividend/reinvestment items noted in filing: includes 117 additional shares acquired since last filing via dividend reinvestment (F2); 12,457 deferred stock units (69 added via dividend reinvestment) that settle 1-for-1 into common stock (F3); and 3 shares purchased via 401(k) dividend reinvestment (F4).
Context
This was a compensation-related stock award (not a sale or a voluntary open-market buy). Awards and deferred stock units are commonly used for executive compensation and typically reflect pay, not a direct buy/sell signal. The tax withholding of some awarded shares is routine; the filing indicates the withholding amount will be reported later when determined.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3]2026-02-24$135.05/sh+7,557$1,020,573→ 41,148 total
- 554(indirect: By 401(k))
Common Stock
[F4]
Footnotes (4)
- [F1]A portion of these shares will be withheld to account for the payment of the tax liability associated with the issuance of the shares. Such tax liability has not been determined. The tax liability, when determined, will be reflected on an amendment to this Form 4 or a subsequently filed Form 4.
- [F2]Includes 117 shares for the reporting person that were acquired since last filing through reinvestment of dividends under Chesapeake Utilities Corporation's Dividend Reinvestment and Direct Stock Purchase Plan.
- [F3]Includes 12,457 deferred stock units of which 69 were acquired by the reporting person since the last filing through reinvestment of dividends pursuant to a dividend reinvestment plan. Deferred stock units will be settled on a one-for-one basis in common stock.
- [F4]Dividends payable on 401k Plan shares were reinvested to purchase 3 additional shares of Chesapeake Utilities Corporation common stock since last filing.