Chesapeake Utilities (CPK) CFO reports 792-share deferred stock distribution
Rhea-AI Filing Summary
Chesapeake Utilities Corporation executive Beth W. Cooper, Executive VP & CFO, reported a routine equity transaction involving company stock. On January 6, 2026, she received 792 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, with no purchase or sale taking place. The filing shows a price of $122.11 per share for this distribution and indicates that she beneficially owns 91,033 shares directly and 14,202 shares indirectly through a 401k plan. The totals include shares and deferred stock units accumulated since the last filing through dividend reinvestment programs, and the deferred stock units are to be settled one-for-one in common stock.
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FAQ
What insider transaction did Chesapeake Utilities (CPK) report for Beth W. Cooper?
The reporting person, Executive VP & CFO Beth W. Cooper, reported receiving 792 shares of Chesapeake Utilities common stock on January 6, 2026 in settlement of an equal number of deferred stock units under the Non-Qualified Deferred Compensation Plan. The filing states that no purchase or sale occurred.
How many Chesapeake Utilities (CPK) shares does Beth W. Cooper beneficially own after this Form 4?
After the reported transaction, Beth W. Cooper beneficially owns 91,033 shares of Chesapeake Utilities common stock directly and 14,202 shares indirectly through a 401k Plan, as disclosed in the filing.
What is the significance of the 792-share distribution reported by Chesapeake Utilities (CPK)?
The 792-share distribution represents settlement of previously awarded deferred stock units under the company’s Non-Qualified Deferred Compensation Plan. According to the explanation, it is an equity distribution and not a market purchase or sale of Chesapeake Utilities common stock.
What role does Beth W. Cooper hold at Chesapeake Utilities (CPK) according to the Form 4?
The Form 4 identifies Beth W. Cooper as an officer of Chesapeake Utilities Corporation, specifically serving as Executive VP & CFO.
How are dividend reinvestments reflected in Beth W. Cooper’s Chesapeake Utilities (CPK) holdings?
The notes explain that her reported holdings include 16 shares acquired since the last filing through a dividend reinvestment and direct stock purchase plan, 28,115 deferred stock units of which 303 were acquired via dividend reinvestment, and 149 shares acquired through dividend reinvestment, all tied to Chesapeake Utilities stock.
What does the Chesapeake Utilities (CPK) filing say about the deferred stock units held by Beth W. Cooper?
The filing states that Beth W. Cooper holds 28,115 deferred stock units, and that these units will be settled on a one-for-one basis in common stock. The 792-share distribution on January 6, 2026 settled an equal number of such units.