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Chesapeake Utilities (CPK) director reports 853-share award, 246 shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Chesapeake Utilities Corporation director Ronald G. Forsythe Jr. reported an automatic share disposition related to taxes on equity compensation. On January 6, 2026, he received a distribution of 853 shares of Chesapeake Utilities common stock in settlement of an equal number of deferred stock units under the company’s Non-Qualified Deferred Compensation Plan. Of those, 246 shares were disposed of at $122.11 per share to satisfy the related tax obligation, as shown by transaction code “F.”

After this transaction, Forsythe beneficially owned 10,109 shares of Chesapeake Utilities common stock directly. This amount includes 164 shares that were acquired since the last filing through dividend reinvestment under the company’s Dividend Reinvestment and Direct Stock Purchase Plan.

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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*
Forsythe Ronald G Jr

(Last) (First) (Middle)
500 ENERGY LANE

(Street)
DOVER DE 19901

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
01/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 01/06/2026 F 246(1) D $122.11 10,109(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. On January 6th, 2026, the reporting person received a distribution of 853 shares of Chesapeake Utilities Corporation ("CPK") common stock in settlement of an equal number of deferred stock units held pursuant to the CPK Non-Qualified Deferred Compensation Plan. 246 shares were liquidated to satisfy the tax obligation for the reporting person.
2. Includes 164 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.
Remarks:
Beth W. Cooper, by Power of Attorney 01/08/2026
** 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.

FAQ

What insider transaction did Chesapeake Utilities (CPK) disclose for Ronald G. Forsythe Jr.?

The filing shows that on January 6, 2026, director Ronald G. Forsythe Jr. had 246 shares of Chesapeake Utilities common stock disposed of in a transaction coded “F,” which indicates shares used to cover tax withholding on an equity award.

How many Chesapeake Utilities (CPK) shares were received from deferred stock units?

On January 6, 2026, the reporting person received a distribution of 853 shares of Chesapeake Utilities common stock in settlement of an equal number of deferred stock units under the company’s Non-Qualified Deferred Compensation Plan.

At what price were the Chesapeake Utilities (CPK) shares used for tax withholding?

The 246 shares disposed of to satisfy the reporting person’s tax obligation were priced at $122.11 per share, according to the reported transaction details.

How many Chesapeake Utilities (CPK) shares does Ronald G. Forsythe Jr. own after the reported transaction?

Following the January 6, 2026 transaction, the reporting person beneficially owned 10,109 shares of Chesapeake Utilities common stock, held directly.

What role did dividend reinvestment play in Ronald G. Forsythe Jr.’s Chesapeake Utilities (CPK) holdings?

The beneficial ownership total includes 164 shares that were acquired since the last filing through reinvestment of dividends under Chesapeake Utilities Corporation’s Dividend Reinvestment and Direct Stock Purchase Plan.

Is Ronald G. Forsythe Jr. a director or officer of Chesapeake Utilities (CPK)?

The reporting person is identified as a director of Chesapeake Utilities Corporation and is not listed as a company officer or 10% owner in the filing.

Chesapeake Utils Corp

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2.98B
23.32M
1.84%
89.01%
2.17%
Utilities - Regulated Gas
Natural Gas Transmission & Distribution
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United States
DOVER