Ronald G. Forsythe Jr - Jun 6, 2024 Form 4 Insider Report for CHESAPEAKE UTILITIES CORP (CPK)

Role: Director
Signature: Beth W. Cooper, by Power of Attorney
Stock symbol: CPK
Transactions as of: Jun 6, 2024
Transactions value $: -$17,278
Form type: 4
Date filed: 6/11/2024, 04:22 PM
Previous filing: May 10, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CPK	Common Stock	Tax liability	-$17.3K	-158	-1.68%	$109.36	9.23K	Jun 6, 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.

Content

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.

Includes 1,294 deferred stock units that will be settled on a one-for-one basis in common stock.