secwatch.observer — SEC 8-K summary
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Issuer:     UNITIL CORP (UTL)
CIK:        0000755001
Form:       8-K
Filed at:   2026-02-02T23:59:59+00:00
Accession:  0001193125-26-033824
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/755001/000119312526033824/0001193125-26-033824-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/755001/000119312526033824/d930901d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-033824

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