Ronald G. Forsythe Jr. - 06 Jun 2024 Form 4 Insider Report for CHESAPEAKE UTILITIES CORP (CPK)

Role
Director
Signature
Beth W. Cooper, by Power of Attorney
Issuer symbol
CPK
Transactions as of
06 Jun 2024
Net transactions value
-$17,278
Form type
4
Filing time
11 Jun 2024, 16:22:44 UTC
Previous filing
10 May 2024
Next filing
13 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPK Common Stock Tax liability $17,278 -158 -1.7% $109.36 9,234 06 Jun 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person participates in the Chesapeake Utilities Corporation (CPK) Non-Qualified Deferred Compensation Plan (NQDC Plan) where Deferred Stock Units (DSUs) are automatically distributed on a one-for-one basis, less shares not distributed to cover tax liabilities, into shares of CPK common stock based on a distribution date previously determined at the time of election. On June 6, 2024, the reporting person received a distribution of 549 shares of CPK common stock in settlement of an equal number of DSUs held pursuant to the NQDC Plan. Of these shares, 158 shares were sold to satisfy the tax obligations.
F2 Includes 1,294 deferred stock units that will be settled on a one-for-one basis in common stock.