Chesapeake Utilities (CPK) President & CEO discloses insider stock sale
Rhea-AI Filing Summary
Chesapeake Utilities Corp. insider trading report: The President & CEO and Director of Chesapeake Utilities Corp. (CPK) reported a sale of 1,908 shares of common stock on 12/26/2025 at a price of $125.83 per share. This is a routine Form 4 filing disclosing changes in the executive's ownership.
Following the sale, the reporting person beneficially owns 51,916 shares of common stock directly, which include 31,328 deferred stock units that will be settled on a one-for-one basis in common stock, and an additional 514 shares held indirectly through a 401k plan. The filing notes that proceeds from the sold shares are intended to be used for the purchase of a second home.
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FAQ
What insider transaction was reported for Chesapeake Utilities Corp (CPK)?
The President & CEO and Director of Chesapeake Utilities Corp (CPK) reported selling 1,908 shares of common stock on 12/26/2025.
At what price were the Chesapeake Utilities (CPK) shares sold in this Form 4?
The 1,908 shares of Chesapeake Utilities common stock were sold at a price of $125.83 per share.
How many Chesapeake Utilities (CPK) shares does the insider own after the reported sale?
After the sale, the reporting person beneficially owns 51,916 shares of common stock directly and 514 shares indirectly through a 401k plan.
Does the Chesapeake Utilities (CPK) insider hold any deferred stock units?
Yes. The 51,916 directly owned shares include 31,328 deferred stock units that will be settled on a one-for-one basis in common stock.
What is the stated purpose of the share sale by the Chesapeake Utilities (CPK) insider?
The explanation states that the proceeds of shares sold are to be used for the purchase of a second home.
What roles does the reporting person hold at Chesapeake Utilities Corp (CPK)?
The reporting person is both a Director and an Officer, serving as President & CEO of Chesapeake Utilities Corp.