Webber Kevin J 4

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.