Chesapeake Utilities Corp. (CPK) – Form 4/A insider transaction
President, CEO, Chair and Director Jeffry M. Householder reported a Rule 16(a) amendment covering a transaction dated 02/26/2025. The filing shows a transaction code “F”, indicating the issuer withheld 1,304 common shares at $126.58 per share, typically to satisfy tax obligations related to equity compensation. No open-market purchase or sale occurred.
After the withholding, Householder’s beneficial ownership stands at 75,729 directly held shares—this figure includes 30,845 deferred stock units that will convert 1-for-1 into common stock—and 506 shares held indirectly in the company’s 401(k) plan. No derivative securities were reported.
The amendment references the original 02/28/2025 filing that disclosed the earning of 11,088 performance shares under a performance share agreement. Householder’s roles remain unchanged: he continues as President & CEO, Chair of the Board, and Director.
The disclosure is administrative in nature and does not signal strategic or operating changes for Chesapeake Utilities.