Chesapeake Utilities CEO reports stock sales around $126–$127 per share
Chesapeake Utilities Corporation President & CEO and director reported open-market sales of common stock.
Rhea-AI Filing Summary
Chesapeake Utilities Corporation President & CEO and director reported open-market sales of common stock. On 12/16/2025, the insider sold 4,987 shares at $126.72 per share and 13 shares at $127.28 per share. On 12/17/2025, the insider sold an additional 7,500 shares at $126.74 per share. Following these transactions, the insider directly beneficially owned 64,416 shares of common stock and indirectly owned 514 shares through a 401(k) plan.
The filing explains that proceeds from the shares sold are to be used for the purchase of a second home. It also notes that the reported holdings include 704 shares acquired since the last filing through dividend reinvestment, and 31,328 deferred stock units, of which 483 were acquired through dividend reinvestment and will be settled one-for-one in common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,500 | $126.74 | $951K |
| Sale | Common Stock | 4,987 | $126.72 | $632K |
| Sale | Common Stock | 13 | $127.28 | $2K |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Proceeds of shares sold to be used for purchase of second home.
- F2. Includes 704 shares that were acquired for the reporting person since last filing through reinvestment of dividends under Chesapeake Utilities Corporation's Dividend Reinvestment and Direct Stock Purchase Plan.
- F3. Includes 31,328 deferred stock units of which 483 were acquired by the reporting person since the last filing through reinvestment of dividends. Deferred stock units will be settled on a one-for-one basis in common stock.
- F4. Dividends payable on 401k Plan shares were reinvested to purchase 8 additional shares of Chesapeake Utilities Corporation common stock since last filing.
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