Chesapeake Utilities CEO reports tax-withheld share award

Chesapeake Utilities President & CEO Jeffry M. Householder reported routine equity compensation activity tied to a performance share award.

Rhea-AI Filing Summary

Chesapeake Utilities President & CEO Jeffry M. Householder reported routine equity compensation activity tied to a performance share award. A total of 21,123 shares of common stock were earned under a performance share agreement; 20,626 were granted as deferred stock units and 497 shares of common stock were used to satisfy the related tax liability, so no shares were issued directly to him. After a tax-withholding disposition of 497 shares at $135.05 per share, he holds 72,720 shares of common stock directly, plus 516 shares held indirectly through a 401k plan and 52,130 deferred stock units that will settle one-for-one in common stock.

Insider Trade Summary

Exercise Price or Tax Liability: 497 shares

Exercise Price or Tax Liability 2 txns

Insider Householder Jeffry M

Role President & CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	497	$135.05	$67K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 72,720 shares (Direct); Common Stock — 516 shares (Indirect, 401k Plan)

Footnotes (2)

1. F1. As reported on February 26, 2026, 21,123 shares of common stock were earned pursuant to a performance share agreement in place with the reporting individual. Accordingly, 0 shares were issued to the reporting individual, 20,626 deferred stock units were granted and 497 shares of Chesapeake Utilities common stock were utilized to satisfy the tax liability associated with the incentive award (0 shares issued to the reporting individual + 20,626 deferred stock units + 497 shares to cover the tax liability = 21,123 total shares comprising the incentive award).
2. F2. Includes 52,130 deferred stock units that will be settled on a one-for-one basis in common stock.

Key Figures

Tax-withheld shares: 497 shares Tax-withholding price: $135.05 per share Performance award size: 21,123 shares +4 more

7 metrics

Tax-withheld shares 497 shares Common Stock used to satisfy tax liability from incentive award

Tax-withholding price $135.05 per share Value applied to 497-share tax-withholding disposition

Performance award size 21,123 shares Total shares earned under performance share agreement

Deferred stock units granted 20,626 units Portion of performance award granted as deferred stock units

Total deferred stock units held 52,130 units Will be settled one-for-one in common stock

Direct common shares after transaction 72,720 shares Direct holdings of Chesapeake Utilities common stock

Indirect 401k holdings 516 shares Common Stock held indirectly through a 401k Plan

Key Terms

performance share agreement, deferred stock units, tax liability, incentive award, +1 more

5 terms

performance share agreement financial

"shares of common stock were earned pursuant to a performance share agreement in place"

deferred stock units financial

"20,626 deferred stock units were granted and 497 shares of Chesapeake Utilities"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

tax liability financial

"497 shares of Chesapeake Utilities common stock were utilized to satisfy the tax liability"

incentive award financial

"497 shares to cover the tax liability = 21,123 total shares comprising the incentive award"

401k Plan financial

"direct_or_indirect": "I","nature_of_ownership": "401k Plan""

A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Chesapeake Utilities (CPK) CEO Jeffry Householder report in this Form 4/A?

He reported routine equity compensation activity from a performance share award. No new shares were issued to him; instead, deferred stock units were granted and shares were withheld to cover tax obligations associated with the incentive award.

How many Chesapeake Utilities (CPK) shares were used to cover Jeffry Householder’s tax liability?

A total of 497 shares of Chesapeake Utilities common stock were used to satisfy his tax liability. These shares were valued at $135.05 each and represent a tax-withholding disposition, not an open-market sale of shares.

How many deferred stock units did Chesapeake Utilities (CPK) grant to Jeffry Householder?

He was granted 20,626 deferred stock units as part of a 21,123-share performance incentive award. In total, his holdings now include 52,130 deferred stock units that will eventually be settled one-for-one in Chesapeake Utilities common stock.

Did Chesapeake Utilities (CPK) CEO Jeffry Householder sell shares on the open market?

No open-market sale is reported. The 497-share disposition is coded as tax withholding, meaning shares were delivered to satisfy tax obligations from an equity award rather than being sold through market transactions.

,How many Chesapeake Utilities (CPK) shares does Jeffry Householder hold after this filing?

Following the reported transactions, he directly holds 72,720 shares of Chesapeake Utilities common stock. He also has 516 shares held indirectly through a 401k plan, plus 52,130 deferred stock units that convert into common stock on a one-for-one basis.

What is the total size of the performance share award reported by Chesapeake Utilities (CPK)?

The performance share award totals 21,123 shares of common stock. It consists of 20,626 deferred stock units granted to the CEO and 497 shares of Chesapeake Utilities common stock applied to cover the tax liability associated with this incentive award.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/15/2026 - 10:34 AM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Householder Jeffry M

(Last) (First) (Middle)

500 ENERGY LANE

(Street)

DOVER DELAWARE 19901

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CHESAPEAKE UTILITIES CORP [ CPK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
02/26/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/24/2026		F		497(1)	D	$135.05	72,720(2)	D
Common Stock								516	I	401k Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. As reported on February 26, 2026, 21,123 shares of common stock were earned pursuant to a performance share agreement in place with the reporting individual. Accordingly, 0 shares were issued to the reporting individual, 20,626 deferred stock units were granted and 497 shares of Chesapeake Utilities common stock were utilized to satisfy the tax liability associated with the incentive award (0 shares issued to the reporting individual + 20,626 deferred stock units + 497 shares to cover the tax liability = 21,123 total shares comprising the incentive award).

2. Includes 52,130 deferred stock units that will be settled on a one-for-one basis in common stock.

Remarks:

	Beth W. Cooper, by Power of Attorney	05/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)