Householder Jeffry M 4

What Happened
Jeffry M. Householder, President & CEO and a director of Chesapeake Utilities Corporation (CPK), sold a total of 10,000 shares in open-market transactions on May 21, 2026, generating approximately $1,261,221 in proceeds. The sales broke down as: 1,676 shares at $125.40 ($210,170), 8,321 shares at $126.27 ($1,050,668), and 3 shares at $127.56 ($383). These were sales (not purchases or option exercises); sales are often routine for liquidity or portfolio management and are generally less informative than insider purchases.

Key Details

• Transaction date: May 21, 2026 (reported on Form 4 filed May 26, 2026).
• Trade details: 1,676 @ $125.40; 8,321 @ $126.27; 3 @ $127.56 — total 10,000 shares for ~$1.261M.
• Shares owned after transaction: Not specified in the provided excerpt.
• Footnotes of note:
  • F1: Includes 3 shares acquired since last filing via dividend reinvestment under the company’s Dividend Reinvestment & Direct Stock Purchase Plan.
  • F2: Includes 52,408 deferred stock units (278 added via dividend reinvestment); these units settle one-for-one into common stock.
  • F3: Includes 40 shares received as an employer supplemental 401(k) contribution (March 2026); dividends on 401(k) shares reinvested to buy 3 additional shares since last filing.
• Filing timeliness: The Form 4 was filed five days after the transaction (May 26), which appears to be later than the typical two-business-day reporting deadline for Form 4s.

Context

• This filing reports outright sales (code S) rather than purchases, option exercises, gifts, or awards. Sales by executives can be for many reasons (tax, diversification, personal liquidity) and do not by themselves signal a change in company outlook.
• Deferred stock units and plan-acquired shares noted in the footnotes may affect the insider’s total economic exposure over time since some holdings convert to common shares or grow via dividend reinvestment.