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