STOCK TITAN

Chesapeake Utilities (NYSE: CPK) awards 1,112-share stock grant to director

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Chesapeake Utilities Corp director Sheree M. Petrone received a stock award of 1,112 shares of Common Stock on May 6, 2026. The shares were issued as director compensation under the company’s Stock Incentive and Compensation Plan at a reference price of $125.83 per share.

After this grant and additional dividend reinvestments, Petrone directly owns 4,450 Chesapeake Utilities shares, including 36 shares acquired since the last filing through the company’s Dividend Reinvestment and Direct Stock Purchase Plan. This is a compensation-related equity grant rather than an open-market purchase.

Positive

  • None.

Negative

  • None.
Insider Petrone Sheree M.
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,112 $125.83 $140K
Holdings After Transaction: Common Stock — 4,450 shares (Direct, null)
Footnotes (1)
  1. Shares issued for director compensation under the Company's Stock Incentive and Compensation Plan. Includes 36 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.
Director stock grant 1,112 shares Common Stock awarded on May 6, 2026 as director compensation
Grant reference price $125.83 per share Value used for 1,112-share compensation award
Total direct holdings after grant 4,450 shares Common Stock directly owned by Sheree M. Petrone after transaction
Dividend reinvestment shares 36 shares Acquired since last filing via Dividend Reinvestment and Direct Stock Purchase Plan
Stock Incentive and Compensation Plan financial
"Shares issued for director compensation under the Company's Stock Incentive and Compensation Plan."
Dividend Reinvestment and Direct Stock Purchase Plan financial
"through reinvestment of dividends under Chesapeake Utilities Corporation's Dividend Reinvestment and Direct Stock Purchase Plan."
director compensation financial
"Shares issued for director compensation under the Company's Stock Incentive and Compensation Plan."
SEC Form 4
FORM 4UNITED 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*
Petrone Sheree 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/06/2026A1,112(1)A$125.834,450(2)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares issued for director compensation under the Company's Stock Incentive and Compensation Plan.
2. Includes 36 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.
Remarks:
Beth W. Cooper, by Power of Attorney05/08/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Chesapeake Utilities (CPK) director Sheree Petrone receive in this Form 4 filing?

Director Sheree M. Petrone received a grant of 1,112 shares of Chesapeake Utilities Common Stock. The shares were issued as director compensation under the company’s Stock Incentive and Compensation Plan, increasing her total direct holdings to 4,450 shares after the transaction and related adjustments.

Was the Chesapeake Utilities (CPK) Form 4 transaction an open-market stock purchase?

No, the transaction was not an open-market stock purchase. The 1,112 Chesapeake Utilities shares were granted to director Sheree M. Petrone as compensation under the Stock Incentive and Compensation Plan, meaning they were an equity award rather than shares bought on the open market.

How many Chesapeake Utilities (CPK) shares does Sheree Petrone own after this grant?

After the grant, Sheree M. Petrone directly owns 4,450 Chesapeake Utilities Common Stock shares. This total includes the new 1,112-share compensation award and 36 additional shares accumulated since the last filing through the company’s Dividend Reinvestment and Direct Stock Purchase Plan.

What price is associated with the Chesapeake Utilities (CPK) director stock award?

The director stock award references a price of $125.83 per Chesapeake Utilities share. This price is used in the Form 4 to value the 1,112-share grant made to director Sheree M. Petrone as part of her compensation under the company’s Stock Incentive and Compensation Plan.

What plans are mentioned in this Chesapeake Utilities (CPK) Form 4 filing?

The filing references the company’s Stock Incentive and Compensation Plan, under which the 1,112-share grant was issued. It also notes the Dividend Reinvestment and Direct Stock Purchase Plan, through which 36 additional shares were acquired since the last filing via dividend reinvestment.