Bisaccia Lisa 4
Research Summary
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Chesapeake Utilities (CPK) Director Lisa Bisaccia Receives Award
What Happened
- Lisa Bisaccia, a director of Chesapeake Utilities Corp. (CPK), received an award of 1,112 shares on 2026-05-06. The award is recorded at $125.83 per share for a total value of $139,923. This was a grant under the company’s director compensation plan (transaction code A) and represents compensation rather than an open-market purchase.
Key Details
- Transaction date and price: 2026-05-06, 1,112 shares at $125.83 each (total $139,923).
- Shares/units held after transaction: 4,590 deferred stock units in total, which include the 1,112 from this award and 38 units acquired via dividend reinvestment since the last filing. Deferred stock units settle one-for-one into common stock.
- Footnotes: F1 — shares issued under the Stock Incentive and Compensation Plan; F2 — breakdown of deferred stock units and dividend reinvestment details.
- Filing timeliness: Report filed 2026-05-08 for a 2026-05-06 transaction (appears timely under Form 4 rules).
Context
- This was a routine director compensation grant (not a market purchase), so it reflects standard pay practices rather than a director buying or selling stock in the open market. Deferred stock units will convert to common shares upon settlement.