---
schema_version: "secwatch.filing_event.v1"
accession: "0000832480-22-000002"
form_type: "8-K"
ticker: "UTGN"
cik: "0000832480"
company_name: "UTG INC"
filed_at: "2022-02-15T23:59:59+00:00"
generated_at: "2026-06-27T08:11:53.098891+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# UTG approves $635K in cash and stock bonuses for top officers based on 2021 results

## Summary
- CEO Correll gets $200K total ($2 cash + $199,998 stock); VP Ditto $175K ($15 cash + $174,985 stock).
- President Rousey $175K ($125K cash + $50K stock); CFO Miller $85K ($57,900 cash + $27,100 stock).
- Stock valued at $27.10/share; bonuses based on 2021 operating results; no written employment agreements.

## SEC filing metadata
- accession: 0000832480-22-000002
- form_type: 8-K
- ticker: UTGN
- cik: 0000832480
- company_name: UTG INC
- filed_at: 2022-02-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/832480/000083248022000002/0000832480-22-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/832480/000083248022000002/utg8k2152022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000832480-22-000002
- JSON: https://secwatch.observer/filing/0000832480-22-000002.json
- Plain text: https://secwatch.observer/filing/0000832480-22-000002.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.