Unitil Corp revises equity compensation, grants restricted shares to top executives

UNITIL CORP

Compensation Committee approved Revised Equity Compensation Practices on Jan 27, 2026, primarily changing dividend treatment on restricted stock.
Granted 8,090 Time Restricted Shares and 8,090 Performance Restricted Shares to CEO Thomas P. Meissner Jr.
Other named executives received grants ranging from 1,080 to 3,740 shares each of both types.
Also granted unrestricted shares to executives based on above-target performance for 2023-2025 period: CEO received 310 shares.
Performance Restricted Shares vest based on three-year average ROE and book value growth goals through Dec 31, 2028.

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