UTG approves $900K total bonuses for 2022; CFO salary increased to $117,500

UTG INC

CEO Correll bonus $290,000 ($6 cash + $289,994 stock); VP Ditto $250,000; Pres Rousey $260,000; CFO Miller $100,000.
Total bonuses $900,000: cash $374,868 and stock $525,132 valued at $25.06/share.
CFO Miller annual salary increased $5,000 to $117,500 effective Jan 1, 2023.
Bonuses based on 2022 operating results; no written agreements or formula for awards.
Compensation Committee approved; Correll and Rousey are board members but not on committee.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.