UTL insider Form 3 lists 1,920 direct shares, 480 contingent award
Rhea-AI Filing Summary
Unitil Corporation (UTL) insider filing: The company’s SVP and General Counsel filed an initial ownership statement. The insider directly holds 1,920 shares of common stock. The filing also lists a contingent right to 480 common shares under the Unitil Corporation Third Amended and Restated 2003 Stock Plan, deliverable after a three-year performance period ending December 31, 2027, based on attainment of performance goals. The date of event is October 29, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Simpson Carleton B
Role
SVP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Contingent grant of common stock | -- | -- | -- |
| holding | Common stock, no par value | -- | -- | -- |
Holdings After Transaction:
Contingent grant of common stock — 480 shares (Direct);
Common stock, no par value — 1,920 shares (Direct)
Footnotes (1)
- F1. Shares may be granted pursuant to the Unitil Corporation Third Amended and Restated 2003 Stock Plan. Any such shares would be granted after a three-year performance period ending on December 31, 2027, based on the attainment of certain performance thresholds of certain performance goals. Any such shares would be valued at current market price on date of grant.
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FAQ
What did Unitil (UTL) disclose in this Form 3?
An initial insider ownership statement by the SVP and General Counsel, showing direct and contingent share holdings.
What contingent equity was reported for UTL?
A contingent right to 480 common shares tied to performance under the company’s stock plan.
What is the insider’s role at Unitil (UTL)?
The reporting person is the SVP and General Counsel.
What is the event date on the UTL Form 3?
The event date is October 29, 2025.