CPK President & CEO Jeffry M Householder sells 10,000 shares for $1,261,220.79 across 3 transactions on 2026-05-21
Jeffry M Householder, President & CEO of Chesapeake Utilities, executed 3 separate sales totaling 10,000 shares for $1,261,220.79 at blended average price $126.12, reducing his holdings from 73,001 to 63,001 shares (-13.7%). The sales occurred at prices ($125.40, $126.27, $127.56) near current market levels ($127.10), with the stock trading -9.6% from its 52-week high of $140.59. At this ticker, Householder's prior 5 open-market sales showed mixed timing outcomes: 3 of 5 were well-timed at the 90-day mark, while his broader cross-ticker track record across 8 prior sells shows an average 90-day return of +0.8% with a 90d well-timed rate of 37.50%. The company's fundamentals remain solid: Revenue $353,100,000.00 in the latest quarter, net income $59,300,000.00, annual revenue growth of +18.1%, and P/E of 20.53. The sale represents a discretionary reduction in an insider's substantial remaining position rather than a complete exit.