Chesapeake Utilities CFO Gets 4,330 Share Award, Sells 1,085 for Tax Payment
This Form 4/A filing reports an amended insider trading activity for Beth W. Cooper, Executive VP, CFO & Treasurer of Chesapeake Utilities (CPK).
Rhea-AI Filing Summary
This Form 4/A filing reports an amended insider trading activity for Beth W. Cooper, Executive VP, CFO & Treasurer of Chesapeake Utilities (CPK). The amendment clarifies a transaction from February 26, 2025, originally filed on February 28, 2025.
Key transaction details:
- Cooper earned 4,330 shares through a performance share agreement
- 1,080 shares were directly issued to Cooper
- 2,165 deferred stock units were granted
- 1,085 shares were used to cover tax liability at $126.58 per share
Following the transaction, Cooper beneficially owns 95,396 shares directly (including 28,304 deferred stock units) and 13,906 shares indirectly through the 401k Plan. This amendment provides additional clarity on the distribution of the performance shares and tax settlement details.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,085 | $126.58 | $137K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. As reported on February 28, 2025, 4,330 shares of common stock were earned pursuant to a performance share agreement in place with the reporting individual. Accordingly, 1,080 shares were issued to the reporting individual, 2,165 deferred stock units were granted and 1,085 shares of Chesapeake Utilities common stock were utilized to satisfy the tax liability associated with the incentive award (1,080 shares issued to the reporting individual + 2,165 deferred stock units + 1,085 shares to cover the tax liability = 4,330 total shares comprising the incentive award).
- F2. Includes 28,304 deferred stock units that will be settled on a one-for-one basis in common stock.
FAQ
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What is Beth Cooper's total CPK stock ownership after the February 2025 transaction?
What was the purpose of CPK's Form 4/A amendment filed on June 28, 2025?
What positions does Beth Cooper hold at Chesapeake Utilities (CPK)?
How many deferred stock units of CPK does Beth Cooper own?
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