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.

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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.

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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.

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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.

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210 shareholder votes filed in the last 30 days. Browse all shareholder votes →

UNITIL CORP filing history →

Source: SEC EDGAR

accession 0001193125-24-133173

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