STOCK TITAN

BlackRock boosts passive stake in Chesapeake Utilities (NYSE: CPK) to 14.7%

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

BlackRock, Inc. filed Amendment No. 3 to a Schedule 13G/A reporting beneficial ownership of 3,536,077 shares of Chesapeake Utilities Corporation common stock. The filing states this equals 14.7% of the class, with 3,499,506 shares of sole voting power. The filing names iShares Core S&P Small-Cap ETF as a holder with over 5%.

Positive

  • None.

Negative

  • None.

Insights

BlackRock reports a substantial passive stake in Chesapeake Utilities totaling 14.7%.

The Schedule 13G/A amendment lists 3,536,077 shares beneficially owned and shows 3,499,506 shares with sole voting power. This reflects aggregated holdings across Reporting Business Units of BlackRock, Inc.

Filing notes that iShares Core S&P Small-Cap ETF separately holds more than 5%. The amendment is a passive ownership disclosure under the indicated classification; any change in voting or disposition authority would require further filings.

Beneficial ownership 3,536,077 shares Amount beneficially owned reported in Item 4
Percent of class 14.7% Percent of class reported in Item 4
Sole voting power 3,499,506 shares Sole power to vote reported in Item 4
Sole dispositive power 3,536,077 shares Sole power to dispose reported in Item 4
Identified >5% holder iShares Core S&P Small-Cap ETF Named in Item 6 as holding more than 5%
Schedule 13G/A regulatory
"Amendment No. 3 to Schedule 13G/A reporting beneficial ownership"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially owned financial
"reflects the securities beneficially owned, or deemed to be beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 3536077"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Reporting Business Units other
"beneficially owned by certain business units (collectively, the "Reporting Business Units")"





165303108

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



BlackRock, Inc.
Signature:Spencer Fleming
Name/Title:Managing Director
Date:04/24/2026
Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7

FAQ

How many shares of CPK does BlackRock report owning in this amendment?

BlackRock reports beneficial ownership of 3,536,077 shares of CPK common stock. The filing explicitly states this figure as the amount beneficially owned and lists related voting and dispositive power counts in Item 4.

What percentage of Chesapeake Utilities (CPK) does BlackRock's stake represent?

The amendment states BlackRock's stake represents 14.7% of the class. That percentage is reported in Item 4 alongside the exact share count and the voting/dispositive power breakdown.

How much voting power does BlackRock report for CPK shares?

BlackRock reports 3,499,506 shares of sole voting power. The filing separates sole voting power and shared voting power in Item 4, with shared voting power reported as zero.

Does the filing identify any other holder with more than 5% of CPK?

Yes. The filing identifies iShares Core S&P Small-Cap ETF as having an interest exceeding 5% of Chesapeake Utilities common stock. This is disclosed under Item 6 as a person on whose behalf shares are held.

Who signed the Schedule 13G/A amendment for BlackRock?

The amendment is signed by Spencer Fleming, whose title is listed as Managing Director. The signature block contains the name and title and the signing date of 04/24/2026.