Chesapeake Utilities exec granted 3,336 shares
Chesapeake Utilities Corporation senior vice president and chief development officer Kevin J. Webber reported an award of 3,336 shares of common stock on February 24, 2026.
Rhea-AI Filing Summary
Chesapeake Utilities Corporation senior vice president and chief development officer Kevin J. Webber reported an award of 3,336 shares of common stock on February 24, 2026. The award is recorded at $135.05 per share and is classified as a grant or other acquisition, not an open-market purchase.
After the transaction, Webber directly owns 14,681 common shares. A footnote states that a portion of the awarded shares will be withheld to cover tax liabilities, with the final amount to be reported in an amended or future Form 4.
He also has indirect ownership of 503 common shares through a 401k plan, where dividends were reinvested to acquire 3 additional shares since the prior filing. Separate footnote disclosure indicates 6,132 deferred stock units that will settle one-for-one in common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,336 | $135.05 | $451K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. 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.
- F2. Includes 6,132 deferred stock units of which 34 were acquired for 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.
- F3. Dividends payable on 401k Plan shares were reinvested to purchase 3 additional shares of Chesapeake Utilities Corporation common stock since last filing.
FAQ
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What insider transaction did Chesapeake Utilities (CPK) report for Kevin J. Webber?
Was the Chesapeake Utilities (CPK) Form 4 transaction a stock purchase or an equity award?
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