BRESNAN THOMAS J 4

What Happened Thomas J. Bresnan, a director of Chesapeake Utilities Corp (CPK), was granted 1,112 shares on May 6, 2026 as an award under the company's Stock Incentive and Compensation Plan (transaction code A). The grant price is shown as $125.83 per share, for a total value of approximately $139,923. This was an equity award (not an open-market purchase or sale).

Key Details

• Transaction type: Grant / Award (Code A) under director compensation plan.
• Transaction date: May 6, 2026; Form 4 filed May 8, 2026 (appears timely).
• Price/valuation: $125.83 per share; total value ≈ $139,923.
• Footnote F1: Shares issued for director compensation under the Company’s Stock Incentive and Compensation Plan.
• Footnote F2: Reporting person holds deferred stock units — 12,370 total, of which 134 were acquired since the last filing by reinvested dividends; DSUs settle one-for-one into common stock.
• No sales or option exercises reported in this filing.

Context Equity awards to directors are a common form of compensation and are typically routine. Deferred stock units referenced in the filing will be converted to common shares on a one-for-one basis when settled. This filing reports an award (acquisition) rather than a sale; it is informational for investors tracking insider ownership changes.