Chesapeake Utilities (NYSE: CPK) GC awarded 7,557 common shares
Rhea-AI Filing Summary
Chesapeake Utilities Corporation executive James F. Moriarty reported a stock award of 7,557 shares of common stock on February 24, 2026. The award is recorded at a price of $135.05 per share and is classified as a grant or other acquisition rather than an open-market purchase.
A portion of the awarded shares will be withheld to cover the related tax liability, which will be detailed in an amended or subsequent Form 4. Following this grant, Moriarty directly holds 41,148 common shares and indirectly holds 554 shares through a 401k Plan.
Footnotes state that his holdings include 117 shares acquired since the last filing through dividend reinvestment and 12,457 deferred stock units, including 69 units added via dividend reinvestment, which will settle one-for-one in common stock. Dividends on 401k Plan shares also reinvested to purchase 3 additional shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,557 | $135.05 | $1.02M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- A portion of these shares will be withheld to account for the payment of the tax liability associated with the issuance of the shares. Such tax liability has not been determined. The tax liability, when determined, will be reflected on an amendment to this Form 4 or a subsequently filed Form 4. Includes 117 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. Includes 12,457 deferred stock units of which 69 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. Dividends payable on 401k Plan shares were reinvested to purchase 3 additional shares of Chesapeake Utilities Corporation common stock since last filing.