Form 4: Chesapeake Utilities CFO Settles Deferred Stock Units

Chesapeake Utilities' Executive VP & CFO, Beth W. Cooper, received 792 common shares from a deferred compensation plan settlement, increasing her direct beneficial ownership.

Summary

• Beth W. Cooper, Executive VP & CFO of Chesapeake Utilities Corp (CPK), reported a transaction on January 6, 2026.
• She received 792 shares of CPK common stock as a settlement of an equal number of deferred stock units held pursuant to the CPK Non-Qualified Deferred Compensation Plan.
• No purchase or sale occurred in this specific transaction.
• The shares were valued at $122.11 per share at the time of settlement.
• Following this transaction, Cooper directly beneficially owns 91,033 shares of common stock.
• Her indirect beneficial ownership through a 401k Plan is 14,202 shares.
• The direct beneficial ownership includes 16 shares acquired through dividend reinvestment since the last filing.
• The indirect beneficial ownership includes 149 shares acquired through dividend reinvestment since the last filing.
• She still holds 28,115 deferred stock units, which will be settled on a one-for-one basis in common stock, including 303 units acquired via dividend reinvestment.

Sentiment

Score: 5

Explanation: This is a routine, non-discretionary settlement of deferred compensation, which is a neutral event. It reflects a planned aspect of executive compensation rather than a discretionary investment decision.

Positives

• Increased direct beneficial ownership for a key executive, aligning interests with shareholders.
• The settlement of deferred stock units is a planned compensation event, indicating stability in executive compensation structure.

Future Outlook

No specific forward-looking statements or guidance are provided in this Form 4 filing, which primarily reports past insider transactions.

Industry Context

This Form 4 filing reports a routine insider transaction related to executive compensation within Chesapeake Utilities Corp, a company in the utility sector. Such filings are standard disclosures for public companies and provide transparency regarding executive stock ownership, but do not typically offer insights into broader industry trends or competitive dynamics.

Stakeholder Impact

• Shareholders: Minor positive impact due to increased insider ownership, aligning executive interests with shareholder value.

Next Steps

• Future settlement of the remaining 28,115 deferred stock units held by the reporting person.

Key Dates

Keywords

Chesapeake Utilities Corp, CPK, Beth W. Cooper, Form 4, insider transaction, executive compensation, deferred stock units, beneficial ownership, utility sector