8-K
filed May 7, 2024, 7:59 PM ET
ticker UTL
CIK 0000755001
other material
confidence high
sentiment neutral
materiality 0.50
Unitil enters new CEO employment agreement; shareholders approve stock plan increase
UNITIL CORP
- CEO Thomas Meissner enters new employment agreement through April 24, 2027; base salary $712,025.
- Shareholders approved Third Amended 2003 Stock Plan, increasing authorized shares by 350,000 to 1,027,500.
- All three director nominees (Foster, Meissner, Vogel) elected; say-on-pay and auditor ratification passed.
- CEO severance includes 24 months salary, 2-year bonus, benefits continuation if terminated without cause.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
UNITIL CORP shareholders approved To approve the Company's Third Amended and Restated 2003 Stock Plan at the 2024-05-01 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2024-05-01
Exact text from the filing
2. To approve the Company’s Third Amended and Restated 2003 Stock Plan.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
UNITIL CORP shareholders approved Election of three directors of the Company in Class III at the 2024-05-01 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-05-01
Exact text from the filing
1. To elect three directors of the Company in Class III, nominated by the Company’s Board of Directors, each to serve a three-year term.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
UNITIL CORP shareholders approved To ratify the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2024 at the 2024-05-01 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-05-01
Exact text from the filing
3. To ratify the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2024.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
UNITIL CORP shareholders approved To approve, on an advisory basis, the compensation of the Company’s named executive officers at the 2024-05-01 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-05-01
Exact text from the filing
4. To approve, on an advisory basis, the compensation of the Company’s named executive officers.
View on SEC.gov
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