Chesapeake Utilities (NYSE: CPK) grants director Lisa Bisaccia 1,112 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bisaccia Lisa reported acquisition or exercise transactions in this Form 4 filing.
Chesapeake Utilities Corporation director Lisa Bisaccia received an award of 1,112 shares of common stock as director compensation under the company’s Stock Incentive and Compensation Plan at a reference price of $125.83 per share.
After this grant, she holds 4,932 common shares, including 4,590 deferred stock units. Of these deferred units, 1,112 come from the reported award and 38 were added since the prior filing through a dividend reinvestment plan. The deferred stock units are scheduled to be settled on a one-for-one basis in common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bisaccia Lisa
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,112 | $125.83 | $140K |
Holdings After Transaction:
Common Stock — 4,932 shares (Direct, null)
Footnotes (1)
- Shares issued for director compensation under the Company's Stock Incentive and Compensation Plan. Includes 4,590 deferred stock units of which 1,112 are from the reported award and 38 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.
Key Figures
Director share award: 1,112 shares
Grant price: $125.83 per share
Total shares after transaction: 4,932 shares
+3 more
6 metrics
Director share award
1,112 shares
Common stock grant to director Lisa Bisaccia on May 6, 2026
Grant price
$125.83 per share
Reference price for the 1,112-share award
Total shares after transaction
4,932 shares
Bisaccia’s Chesapeake Utilities common stock holdings following the award
Deferred stock units
4,590 units
Deferred stock units to be settled one-for-one in common stock
Units from current award
1,112 units
Portion of deferred stock units attributable to the reported grant
Units from dividend reinvestment
38 units
Deferred stock units acquired via dividend reinvestment since last filing
Key Terms
Stock Incentive and Compensation Plan, deferred stock units, dividend reinvestment plan, one-for-one basis
4 terms
Stock Incentive and Compensation Plan financial
"Shares issued for director compensation under the Company's Stock Incentive and Compensation Plan."
deferred stock units financial
"Includes 4,590 deferred stock units of which 1,112 are from the reported award"
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
"38 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.
one-for-one basis financial
"Deferred stock units will be settled on a one-for-one basis in common stock."
FAQ
What insider transaction did Chesapeake Utilities (CPK) report for Lisa Bisaccia?
Chesapeake Utilities reported that director Lisa Bisaccia received an award of 1,112 shares of common stock as director compensation. The grant was made under the company’s Stock Incentive and Compensation Plan and is categorized as a grant or award acquisition, not an open-market purchase.
What are deferred stock units in the Chesapeake Utilities (CPK) Form 4 for Lisa Bisaccia?
Deferred stock units in this filing represent a form of stock-based compensation that converts into common shares later. Bisaccia holds 4,590 deferred stock units, including 1,112 from the current award and 38 acquired via dividend reinvestment, all to be settled one-for-one in Chesapeake Utilities common stock.
How were additional Chesapeake Utilities (CPK) deferred stock units acquired by Lisa Bisaccia?
Besides the main grant, Lisa Bisaccia acquired 38 additional deferred stock units through a dividend reinvestment plan. Under this plan, dividends that would be paid in cash are instead reinvested to acquire more deferred stock units, increasing her future common stock settlement amount modestly over time.