Form 4: Chesapeake Utilities Corp Director Gary Stephanie N Acquires Shares
SEC Form 4
Director Gary Stephanie N acquired 895 shares of Chesapeake Utilities Corp (CPK) at $134.05 on May 7, 2025, bringing the total shares beneficially owned to 3,268.
Summary
- On May 7, 2025, Gary Stephanie N, a director of Chesapeake Utilities Corp (CPK), acquired 895 shares of common stock at a price of $134.05 per share.
- Following this transaction, Gary Stephanie N directly owns 3,268 shares of Chesapeake Utilities Corp.
- This includes 25 shares acquired through reinvestment of dividends under Chesapeake Utilities Corporation's Dividend Reinvestment and Direct Stock Purchase Plan since the last filing.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The director's purchase is a positive sign, but it's a single transaction and doesn't provide a comprehensive view of the company's overall health.
Positives
- The director's purchase could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future performance. This purchase by a director may be interpreted as a positive sign.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/07/2025 | Date of transaction: Acquisition of 895 shares of common stock. |
| 05/09/2025 | Date of signature by Power of Attorney. |
Keywords
Chesapeake Utilities Corp, CPK, insider trading, Form 4, director, stock acquisition, Gary Stephanie N, dividend reinvestment
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.