Householder Jeffry M 4/A
4/A · CHESAPEAKE UTILITIES CORP · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Chesapeake Utilities CEO Jeffry Householder Sells 497 Shares
What Happened Jeffry M. Householder, President & CEO and Director of Chesapeake Utilities Corp (CPK), had 497 shares of CPK common stock disposed to satisfy the tax liability tied to a performance share award. The 497 shares were valued at $135.05 each, for a total of $67,120. The underlying award totaled 21,123 shares, but the reporting individual received 0 shares in cash — 20,626 were granted as deferred stock units and 497 shares were used to cover taxes.
Key Details
- Transaction date: 2026-02-24; reported in an amended Form 4 filed 2026-05-15. Footnote notes original reporting on Feb 26, 2026.
- Transaction type/code: F — payment of exercise price or tax liability (disposition).
- Shares disposed: 497 at $135.05 each = $67,120.
- Award breakdown (Footnote F1): 21,123 shares earned → 0 shares issued to the individual + 20,626 deferred stock units granted + 497 shares used for tax withholding.
- Additional holdings (Footnote F2): Includes 52,130 deferred stock units that will be settled one-for-one in common stock.
- Shares owned after transaction: Not specified in this amended filing.
- Filing status: Amended filing (corrects or supplements the earlier report).
Context This was a tax-withholding/covering action associated with a performance share award, not an open-market sale of newly acquired shares. The bulk of the award was issued as deferred stock units (20,626), which are typically settled for shares at a later date; 497 shares were surrendered to satisfy taxes. Amended filings are used to correct or clarify previous disclosures and do not, by themselves, indicate a change in intent or timing of the original transaction.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-02-24$135.05/sh−497$67,120→ 72,720 total
- 516(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]As reported on February 26, 2026, 21,123 shares of common stock were earned pursuant to a performance share agreement in place with the reporting individual. Accordingly, 0 shares were issued to the reporting individual, 20,626 deferred stock units were granted and 497 shares of Chesapeake Utilities common stock were utilized to satisfy the tax liability associated with the incentive award (0 shares issued to the reporting individual + 20,626 deferred stock units + 497 shares to cover the tax liability = 21,123 total shares comprising the incentive award).
- [F2]Includes 52,130 deferred stock units that will be settled on a one-for-one basis in common stock.