STOCK TITAN

Chesapeake Utilities (NYSE: CPK) awards 3,336 shares to executive

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

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.

Positive

  • None.

Negative

  • None.
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*
Webber Kevin J

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr VP & Chief Dev Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
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 02/24/2026 A 3,336(1) A $135.05 14,681(2) D
Common Stock 503(3) I 401k Plan
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. 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.
2. 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.
3. Dividends payable on 401k Plan shares were reinvested to purchase 3 additional shares of Chesapeake Utilities Corporation common stock since last filing.
Remarks:
Beth W. Cooper, by Power of Attorney 02/26/2026
** 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) report for Kevin J. Webber?

Chesapeake Utilities reported that executive Kevin J. Webber received a grant of 3,336 shares of common stock on February 24, 2026. The award is recorded at $135.05 per share and classified as a grant or other acquisition, not an open-market stock purchase.

How many Chesapeake Utilities (CPK) shares does Kevin J. Webber own after this Form 4?

After the reported grant, Kevin J. Webber directly owns 14,681 Chesapeake Utilities common shares. He also indirectly owns 503 additional shares through a 401k plan, where dividends have been reinvested to purchase extra shares since the last reported filing.

Was the Chesapeake Utilities (CPK) Form 4 transaction a stock purchase or an equity award?

The Form 4 shows an equity award, not an open-market stock purchase. Kevin J. Webber received 3,336 common shares as a grant or other acquisition, coded as an award transaction, reflecting executive compensation rather than discretionary buying of Chesapeake Utilities stock.

How will taxes affect Kevin J. Webber’s new Chesapeake Utilities (CPK) share award?

A portion of the 3,336-share award will be withheld to cover Kevin J. Webber’s tax liability related to the grant. The exact tax amount is not yet determined and will be reflected in an amended Form 4 or a subsequently filed Form 4.

What indirect Chesapeake Utilities (CPK) holdings does Kevin J. Webber report?

Kevin J. Webber reports indirect ownership of 503 Chesapeake Utilities common shares through a 401k plan. A footnote explains that dividends on these 401k shares were reinvested, resulting in the purchase of 3 additional shares since the last Form 4 filing.

What deferred stock units related to Chesapeake Utilities (CPK) does Kevin J. Webber hold?

Footnote disclosure indicates Kevin J. Webber holds 6,132 deferred stock units tied to Chesapeake Utilities, including 34 units acquired via dividend reinvestment. These deferred stock units are scheduled to be settled on a one-for-one basis in Chesapeake Utilities common stock in the future.
Chesapeake Utils Corp

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Utilities - Regulated Gas
Natural Gas Transmission & Distribution
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United States
DOVER