Cooper Beth W 4

What Happened

• Beth W. Cooper, Executive Vice President & Chief Financial Officer of Chesapeake Utilities Corp (CPK), was granted 7,557 shares as an award on Feb 24, 2026. The award is reported at $135.05 per share, with a total value of $1,020,573. This was a grant/award (code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: 7,557 shares awarded on 2026-02-24 at $135.05/share (total $1,020,573).
• Filing date: Form 4 filed 2026-02-26 — appears to be timely (Form 4s are generally due within two business days).
• Tax withholding: A portion of the shares will be withheld to cover the tax liability related to the issuance; the exact amount has not been determined and will be reported later (footnote F1).
• Deferred units: The filing notes the insider’s holdings include 28,115 deferred stock units that will be settled one-for-one in common stock (footnote F2).
• Shares owned after the transaction: not specified in the provided summary of the filing.

Context

• Stock awards are a routine form of executive compensation meant to align management with shareholder interests; they are not the same signal as a market purchase or sale. Deferred stock units convert to shares later and may be subject to vesting or settlement rules, meaning they are not immediately tradable. Tax-withholding reductions are common and reduce the net shares delivered; specifics will be shown in an amendment or subsequent Form 4 when determined.