secwatch.observer — SEC 8-K summary
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Issuer:     UNITIL CORP (UTL)
CIK:        0000755001
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001193125-24-133173
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Unitil enters new CEO employment agreement; shareholders approve stock plan increase
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/755001/000119312524133173/0001193125-24-133173-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/755001/000119312524133173/d816815d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-133173

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer