Webber Kevin J 4
4 · CHESAPEAKE UTILITIES CORP · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Chesapeake Utilities (CPK) Sr. VP Kevin Webber Sells 2,000 Shares
What Happened Kevin J. Webber, Senior Vice President & Chief Development Officer of Chesapeake Utilities Corp. (CPK), reported an open-market sale of 2,000 shares on May 20, 2026 at $127.37 per share, resulting in proceeds of $254,740. This was a sale (S) reported on Form 4 and filed the next day.
Key Details
- Transaction date: 2026-05-20; Price: $127.37; Shares sold: 2,000; Total proceeds: $254,740.
- Filing date / period of report: Filed 2026-05-21 for the period 2026-05-20 (timely filing).
- Footnote F1: Reporting includes 9,439 deferred stock units (DSUs); 50 DSUs were acquired since the last filing via dividend reinvestment. DSUs settle one-for-one into common stock.
- Footnote F2: Reporting includes 39 shares acquired via an employer supplemental 401(k) contribution in March 2026; dividends on 401(k) shares were reinvested to purchase 3 additional shares since the last filing.
- Transaction code: S = Sale (open-market/private sale).
Context Sales by executives can be routine (e.g., diversification, tax or liquidity needs) and do not by themselves indicate a change in company outlook. This report documents a straightforward open-market sale; no option exercises, gifts, or 10b5-1 plan were indicated in the provided filing details.
Insider Transaction Report
Form 4
Webber Kevin J
Sr VP & Chief Dev Officer
Transactions
- Sale
Common Stock
[F1]2026-05-20$127.37/sh−2,000$254,740→ 12,652 total
Holdings
- 545(indirect: By 401(k))
Common Stock
[F2]
Footnotes (2)
- [F1]Includes 9,439 deferred stock units of which 50 were acquired by the reporting person since the last filing through reinvestment of dividends pursuant to a dividend reinvestment plan. Deferred stock units will be settled on a one-for-one basis in common stock.
- [F2]Includes 39 shares of common stock that the reporting person acquired under the 401k Plan via an employer supplemental contribution that was funded in shares of Chesapeake Utilities Corporation common stock in March 2026. Dividends payable on 401k Plan shares were reinvested to purchase 3 additional shares of Chesapeake Utilities Corporation common stock since last filing.
Signature
Beth W. Cooper, by Power of Attorney|2026-05-21