Chesapeake Utilities (NYSE: CPK) grants director 1,112 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chesapeake Utilities Corp reported that director Ronald G. Forsythe Jr. acquired 1,112 shares of common stock on May 6, 2026 as a grant under the company’s Stock Incentive and Compensation Plan at a value of $125.83 per share.
Following this award, he directly owns 11,271 shares, which include 50 shares accumulated since the prior filing through dividend reinvestment under Chesapeake Utilities Corporation's Dividend Reinvestment and Direct Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Forsythe Ronald G Jr
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,112 | $125.83 | $140K |
Holdings After Transaction:
Common Stock — 11,271 shares (Direct, null)
Footnotes (1)
- Shares issued for director compensation under the Company's Stock Incentive and Compensation Plan. Includes 50 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.
Key Figures
Stock grant size: 1,112 shares
Grant value per share: $125.83 per share
Post-transaction holdings: 11,271 shares
+1 more
4 metrics
Stock grant size
1,112 shares
Common Stock award to director on May 6, 2026
Grant value per share
$125.83 per share
Reported value for compensation grant
Post-transaction holdings
11,271 shares
Total common shares directly owned after grant
Dividend reinvestment shares
50 shares
Acquired since last filing via dividend reinvestment plan
Key Terms
Stock Incentive and Compensation Plan, Dividend Reinvestment and Direct Stock Purchase Plan, Grant, award, or other acquisition
3 terms
Stock Incentive and Compensation Plan financial
"Shares issued for director compensation under the Company's Stock Incentive and Compensation Plan."
Dividend Reinvestment and Direct Stock Purchase Plan financial
"acquired since last filing through reinvestment of dividends under Chesapeake Utilities Corporation's Dividend Reinvestment and Direct Stock Purchase Plan."
A dividend reinvestment and direct stock purchase plan is a company program that automatically uses your cash dividends to buy additional shares and lets you buy shares directly from the company without a broker. Like setting a portion of your paycheck to repeatedly buy more of something you trust, it makes investing automatic, often with lower fees or small discounts, helping small investors compound returns and smooth out purchase prices over time.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Chesapeake Utilities (CPK) disclose in this Form 4?
Chesapeake Utilities disclosed that director Ronald G. Forsythe Jr. received 1,112 shares of common stock as a stock award. The shares were granted as director compensation under the company’s Stock Incentive and Compensation Plan at a reported value of $125.83 per share.
Was the Chesapeake Utilities (CPK) insider transaction a market purchase or a stock grant?
The transaction was a stock grant, not an open-market purchase. Director Ronald G. Forsythe Jr. received 1,112 shares as compensation under Chesapeake Utilities’ Stock Incentive and Compensation Plan, which is categorized as a grant, award, or other acquisition rather than a discretionary share purchase.