Chesapeake Utilities (CPK) Form 3: 613-Share Direct Stake by Director
Rhea-AI Filing Summary
Eden Elisabeth A filed a Form 3 reporting an initial beneficial ownership in Chesapeake Utilities Corp (CPK). The filing records 613 shares of Common Stock held directly and lists her relationship to the issuer as a Director. The event date requiring the statement is 09/15/2025. The form indicates it was filed by one reporting person and the filing was signed by Beth W. Cooper, by Power of Attorney on 09/22/2025. No derivative securities or additional holdings are reported on the form.
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Insights
TL;DR: Routine initial disclosure of a director's small direct stake; non-material to valuation but required for transparency.
The Form 3 shows a small, direct beneficial ownership position of 613 common shares by a company director. This is a standard initial Section 16 filing triggered by director status and does not report options, warrants, or other derivatives. Because the disclosed stake is modest in absolute terms and no related-party transactions or changes are noted, the filing is informational and unlikely to move investor valuations. It fulfills regulatory transparency obligations under Section 16.
TL;DR: Compliance-focused filing confirming director ownership; useful for insider monitoring but not materially impactful.
The report identifies the reporting person as a Director and records a direct ownership of 613 shares. The filing was executed via power of attorney, as noted by the signature of Beth W. Cooper dated 09/22/2025. From a governance perspective, the Form 3 provides baseline disclosure for future Section 16 reporting obligations but contains no red flags such as related-party transfers or unusual derivative positions.