4/A: Chesapeake Utilities Executive VP Beth W. Cooper Reports Stock Transactions
SEC Form 4/A
Executive VP, CFO & Treasurer of Chesapeake Utilities, Beth W. Cooper, reports the disposition of 1,236 shares of common stock to cover tax liabilities associated with an incentive award.
Summary
- Beth W. Cooper, Executive VP, CFO & Treasurer of Chesapeake Utilities Corp, filed an amended Form 4 on August 16, 2024, regarding transactions in company stock.
- On February 20, 2024, Cooper disposed of 1,236 shares of common stock at a price of $105.02 to satisfy tax liabilities related to an incentive award.
- Following the transaction, Cooper directly owns 91,522 shares of common stock and indirectly owns 13,563 shares through a 401k plan.
- The direct holdings include 26,330 deferred stock units that will be settled on a one-for-one basis in common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, which is common in publicly traded companies. It provides transparency regarding insider transactions.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the disposal of shares by an executive to cover tax liabilities.
Key Dates
| Date | Description |
|---|---|
| 02/20/2024 | Date of stock transaction (disposal of shares). |
| 02/22/2024 | Date of original filing. |
| 08/16/2024 | Date of amended filing. |
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