Chesapeake Utilities (CPK) awards director stock under incentive plan

Rhea-AI Filing Summary

Chesapeake Utilities Corp director Thomas J. Bresnan received a stock award as part of his board compensation. On May 6, 2026, he acquired 1,112 shares of common stock valued at $125.83 per share under the company’s Stock Incentive and Compensation Plan.

After this grant, Bresnan directly owns 29,790 common shares, which includes 12,370 deferred stock units. According to the disclosure, 134 of these deferred stock units were accumulated since the prior filing through a dividend reinvestment plan, and each unit will be settled one-for-one in common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider BRESNAN THOMAS J

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,112	$125.83	$140K

Holdings After Transaction: Common Stock — 29,790 shares (Direct, null)

Footnotes (1)

1. Shares issued for director compensation under the Company's Stock Incentive and Compensation Plan. Includes 12,370 deferred stock units of which 134 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

Stock award size: 1,112 shares Grant valuation price: $125.83 per share Total shares after grant: 29,790 shares +2 more

5 metrics

Stock award size 1,112 shares Common stock grant to director on May 6, 2026

Grant valuation price $125.83 per share Valuation of common stock award

Total shares after grant 29,790 shares Director’s direct holdings following transaction

Deferred stock units 12,370 units Units to be settled one-for-one in common stock

New DSUs via reinvested dividends 134 units Deferred stock units accumulated 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 12,370 deferred stock units of which 134 were acquired..."

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

"...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."

Form 4 Insider Transactions: What Each Field Means →

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^*

BRESNAN THOMAS J

(Last) (First) (Middle)

1350 S. MILWAUKEE STREET

(Street)

DENVER COLORADO 80210

(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
	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)

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)

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	05/06/2026		A		1,112(1)	A	$125.83	29,790(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares issued for director compensation under the Company's Stock Incentive and Compensation Plan.

2. Includes 12,370 deferred stock units of which 134 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.

Remarks:

	Beth W. Cooper, by Power of Attorney	05/08/2026
	** 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)

FAQ

What did Chesapeake Utilities (CPK) director Thomas J. Bresnan report in this Form 4?

Director Thomas J. Bresnan reported receiving 1,112 shares of Chesapeake Utilities common stock as a compensation award. The shares were issued under the company’s Stock Incentive and Compensation Plan, reflecting routine equity-based director compensation rather than an open-market stock purchase or sale.

At what price was the Chesapeake Utilities (CPK) stock award valued for Thomas J. Bresnan?

The 1,112-share award to Thomas J. Bresnan was valued at $125.83 per share. This price is used in the Form 4 to show the grant’s fair value and does not represent an open-market purchase transaction by the director on that date.

How many Chesapeake Utilities (CPK) shares does Thomas J. Bresnan hold after this transaction?

Following the 1,112-share grant, Thomas J. Bresnan holds 29,790 Chesapeake Utilities common shares. This total includes 12,370 deferred stock units that will convert into common stock on a one-for-one basis at settlement, providing additional equity exposure beyond current common shares.

What are the deferred stock units disclosed for Chesapeake Utilities (CPK) director Thomas J. Bresnan?

Bresnan’s holdings include 12,370 deferred stock units, of which 134 were added since the last filing through dividend reinvestment. These units represent a right to receive Chesapeake Utilities common stock on a one-for-one basis at a future date, aligning director compensation with shareholder interests.

Is this Chesapeake Utilities (CPK) Form 4 a sign of open-market buying or selling by the director?

No. The filing shows a grant classified as a “grant, award, or other acquisition,” not an open-market trade. Shares were issued for director compensation under the company’s Stock Incentive and Compensation Plan, making this a routine equity award rather than discretionary buying or selling.