Chesapeake Utilities (NYSE: CPK) CEO reports sale of 10,592 shares
Rhea-AI Filing Summary
Chesapeake Utilities Corporation reported that its President & CEO, who is also a director, sold company stock in mid-December 2025. A broker completed open market sales totaling 10,592 shares of common stock on behalf of the executive on December 18–19, 2025 at prices ranging from $126.03 to $128.50 per share. The filing states that the proceeds from these sales will be used for the purchase of a second home.
Following the transactions, the executive beneficially owns 53,824 shares of common stock directly, which includes 31,328 deferred stock units that will settle one-for-one in common stock, and an additional 514 shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,040 | $126.4459 | $132K |
| Sale | Common Stock | 500 | $127.3333 | $64K |
| Sale | Common Stock | 1,552 | $128.0848 | $199K |
| Sale | Common Stock | 7,300 | $127.9669 | $934K |
| Sale | Common Stock | 200 | $128.49 | $26K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Broker open market total sale of 10,592 shares on behalf of the reporting individual ranged from $126.03 to $128.50 in multiple transactions. Full information regarding the number of shares sold at each separate price will be provided upon request. Proceeds of shares sold to be used for purchase of second home. Includes 31,328 deferred stock units that will be settled on a one-for-one basis in common stock.
FAQ
What insider transaction did Chesapeake Utilities (CPK) disclose in this Form 4?
The filing discloses that the President & CEO, who is also a director of Chesapeake Utilities Corporation, sold company common stock in broker-executed open market transactions totaling 10,592 shares on December 18–19, 2025.
What are the deferred stock units mentioned in the Chesapeake Utilities Form 4?
The filing states that the post-transaction direct holdings include 31,328 deferred stock units, which will be settled on a one-for-one basis in Chesapeake Utilities common stock.
What role does the reporting person hold at Chesapeake Utilities (CPK)?
The reporting person is identified as both a Director and an Officer of Chesapeake Utilities Corporation, with the officer title listed as President & CEO.