Form 4: Chesapeake Utilities Corp Executive VP Beth W. Cooper Reports Acquisition of Shares
SEC Form 4 Filing
Beth W. Cooper, Executive VP, CFO & Treasurer of Chesapeake Utilities Corp, reports acquiring 4,330 shares of common stock at $126.58 per share.
Summary
- On February 26, 2025, Beth W. Cooper, Executive VP, CFO & Treasurer of Chesapeake Utilities Corp, acquired 4,330 shares of common stock at a price of $126.58 per share.
- Following the transaction, Cooper directly owns 96,481 shares of common stock.
- Cooper also indirectly owns 13,906 shares through a 401k plan.
- This includes reinvested dividends and deferred stock units settling into common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard regulatory filing detailing stock transactions. The acquisition itself could be seen as slightly positive, but the filing is primarily informational.
Positives
- Executive's increased stake in the company may signal confidence in its future performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like Beth W. Cooper, trade their company's stock. These filings provide transparency to the market regarding the trading activities of those with privileged information.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment due to the executive's increased investment in the company.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of transaction: Acquisition of common stock. |
| 02/28/2025 | Date of report signature. |
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