Chesapeake Utilities exec sells 2,000 shares
Chesapeake Utilities Corp senior executive Kevin J. Webber reported an open-market sale of company stock.
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Form Type
4
Rhea-AI Filing Summary
Chesapeake Utilities Corp senior executive Kevin J. Webber reported an open-market sale of company stock. On this Form 4, he sold 2,000 shares of common stock at a price of $127.37 per share. After the sale, he directly holds 12,652 common shares and indirectly holds 545 shares through a 401k plan. Footnotes also note deferred stock units and prior dividend reinvestments that will ultimately settle in common stock.
Insider Trade Summary
Net Seller: 2,000 shares
Net Sell
2 txns
Insider
Webber Kevin J
Role
Sr VP & Chief Dev Officer
Sold
2,000 shs ($255K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $127.37 | $255K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,652 shares (Direct);
Common Stock — 545 shares (Indirect, 401k Plan)
Footnotes (2)
- F1. Includes 9,439 deferred stock units of which 50 were acquired by 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.
- F2. Includes 39 shares of common stock that the reporting person acquired under the 401k Plan via an employer supplemental contribution that was funded in shares of Chesapeake Utilities Corporation common stock in March 2026. Dividends payable on 401k Plan shares were reinvested to purchase 3 additional shares of Chesapeake Utilities Corporation common stock since last filing.
Key Figures
Shares sold: 2,000 shares
Sale price: $127.37 per share
Direct holdings after sale: 12,652 shares
+4 more
7 metrics
Shares sold
2,000 shares
Open-market sale of common stock
Sale price
$127.37 per share
Price for 2,000-share sale
Direct holdings after sale
12,652 shares
Common stock held directly post-transaction
Indirect 401k holdings
545 shares
Common stock held through 401k plan
Deferred stock units
9,439 units
Deferred units settling one-for-one in common stock
Dividend DRIP addition to DSUs
50 units
Deferred stock units from dividend reinvestment since last filing
Dividend DRIP addition to 401k shares
3 shares
401k shares from dividend reinvestment since last filing
Key Terms
deferred stock units, dividend reinvestment plan, 401k Plan, employer supplemental contribution, +1 more
5 terms
deferred stock units financial
"Includes 9,439 deferred stock units of which 50 were acquired by the reporting person"
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.
dividend reinvestment plan financial
"50 were acquired by the reporting person since the last filing through reinvestment of dividends pursuant to a dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
401k Plan financial
"Includes 39 shares of common stock that the reporting person acquired under the 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.
employer supplemental contribution financial
"acquired under the 401k Plan via an employer supplemental contribution that was funded in shares"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Kevin J. Webber report for CPK?
Kevin J. Webber reported an open-market sale of Chesapeake Utilities common stock. He sold 2,000 shares at $127.37 per share and continues to hold additional shares both directly and through a 401k plan and deferred stock units.
What indirect Chesapeake Utilities (CPK) holdings does Kevin J. Webber report?
Kevin J. Webber reports 545 Chesapeake Utilities shares held indirectly through a 401k plan. Footnotes explain that these include employer supplemental contributions in stock and additional shares acquired through reinvestment of dividends, reflecting ongoing accumulation inside the retirement plan.
What are the deferred stock units mentioned in Kevin J. Webber’s CPK filing?
The filing notes 9,439 deferred stock units, including 50 acquired via dividend reinvestment since the last report. These units are structured to settle on a one-for-one basis in Chesapeake Utilities common stock, effectively representing a future stock-based interest rather than current share ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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