Director at Chesapeake Utilities (NYSE: CPK) receives 1,112-share grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HUDSON DENNIS S III reported acquisition or exercise transactions in this Form 4 filing.
Chesapeake Utilities Corp director Dennis S. Hudson III received a stock grant of 1,112 shares of Common Stock as director compensation. The shares were valued at $125.83 per share on the grant date. This award, issued under the Company's Stock Incentive and Compensation Plan, brings his direct holdings to 19,587 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HUDSON DENNIS S III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,112 | $125.83 | $140K |
Holdings After Transaction:
Common Stock — 19,587 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Director stock grant: 1,112 shares
Grant valuation price: $125.83 per share
Shares owned after grant: 19,587 shares
3 metrics
Director stock grant
1,112 shares
Common Stock award to Dennis S. Hudson III
Grant valuation price
$125.83 per share
Value used for Form 4 reporting on grant date
Shares owned after grant
19,587 shares
Direct holdings following the reported transaction
Key Terms
Stock Incentive and Compensation Plan, director compensation, Common Stock
3 terms
Stock Incentive and Compensation Plan financial
"Shares issued for director compensation under the Company's Stock Incentive and Compensation Plan."
director compensation financial
"Shares issued for director compensation under the Company's Stock Incentive and Compensation Plan."
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Chesapeake Utilities (CPK) report for Dennis S. Hudson III?
Chesapeake Utilities reported that director Dennis S. Hudson III received 1,112 shares of Common Stock as a stock grant. The award was issued as director compensation under the Company’s Stock Incentive and Compensation Plan, increasing his direct ownership to 19,587 shares.
Was the Chesapeake Utilities (CPK) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a stock grant, not an open-market purchase. Dennis S. Hudson III acquired 1,112 shares coded as an award under transaction code A, meaning a grant, award, or other acquisition provided as part of his director compensation package.
What plan governed the Chesapeake Utilities (CPK) stock grant to Dennis S. Hudson III?
The stock grant was issued under Chesapeake Utilities’ Stock Incentive and Compensation Plan. The Form 4 footnote explains that the 1,112 shares of Common Stock were provided as shares issued for director compensation in accordance with that equity compensation program.