Sylvester Jeffery S 4
4 · CHESAPEAKE UTILITIES CORP · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Chesapeake Utilities (CPK) COO Jeffery S. Sylvester Receives 3,899 Shares
What Happened
- Jeffery S. Sylvester, Senior Vice President & Chief Operating Officer of Chesapeake Utilities Corporation, was granted/issued 3,899 shares on 2026-02-24. The grant price is reported at $135.05 per share, for a total reported value of approximately $526,560. This transaction is an award/acquisition (not a sale).
Key Details
- Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (within the typical 2-business-day reporting window).
- Award details: 3,899 shares at $135.05 each; total value ~$526,560.
- Shares owned after the transaction: not specified in the provided filing details.
- Notable footnotes:
- F1: A portion of the issued shares will be withheld to cover tax withholding; the amount is not yet determined and will be reported in an amendment or subsequent Form 4.
- F2: Includes 10 shares acquired since last filing through dividend reinvestment under the company’s DRIP.
- F3: Filing notes inclusion of 10,130 deferred stock units (DSUs), of which 56 were acquired via dividend reinvestment since the last filing; DSUs settle one-for-one into common stock.
- F4: One additional share was purchased via reinvested 401(k) dividends since the last filing.
Context
- Code "A" indicates this was an award/grant or other acquisition rather than an open-market purchase or sale. Awards and deferred stock unit activity are often routine components of executive compensation; the filing itself does not state any change in intent to buy or sell additional shares.
Insider Transaction Report
Form 4
Sylvester Jeffery S
Senior VP & COO
Transactions
- Award
Common Stock
[F1][F2][F3]2026-02-24$135.05/sh+3,899$526,560→ 15,882 total
Holdings
- 183(indirect: By 401(k))
Common Stock
[F4]
Footnotes (4)
- [F1]A portion of these shares will be withheld to account for the payment of the tax liability associated with the issuance of the shares. Such tax liability has not been determined. The tax liability, when determined, will be reflected on an amendment to this Form 4 or a subsequently filed Form 4.
- [F2]Includes 10 shares for the reporting person that were acquired since last filing through reinvestment of dividends under Chesapeake Utilities Corporation's Dividend Reinvestment and Direct Stock Purchase Plan.
- [F3]Includes 10,130 deferred stock units of which 56 were acquired for 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.
- [F4]Dividends payable on 401k Plan shares were reinvested to purchase 1 additional share of Chesapeake Utilities Corporation common stock since last filing.
Signature
Beth W. Cooper, by Power of Attorney|2026-02-26