Forsythe Ronald G Jr 4
4 · CHESAPEAKE UTILITIES CORP · Filed Jun 11, 2024
Insider Transaction Report
Form 4
Forsythe Ronald G Jr
Director
Transactions
- Tax Payment
Common Stock
2024-06-06$109.36/sh−158$17,278→ 9,234 total
Footnotes (2)
- [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.