Unitil director Awad receives 2,272 stock units
The units are fully vested upon grant and are payable in a 70% common-stock and 30% cash mix after separation from board service.
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Rhea-AI Filing Summary
Unitil Corporation director Neveen F. Awad received an award of 2,272 restricted stock units on October 1, 2026, bringing her reported restricted-stock-unit balance to 4,707. The units were fully vested upon grant and represent the right to receive a combination of cash and common stock after separation from service on Unitil Corporation’s Board of Directors. Settlement is 70% in common stock and 30% in cash, based on the common stock closing price on the day before settlement. The acquisition was not reported as made under a Rule 10b5-1 plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted stock units F2 | 2,272 | $0.00 | $0.00 |
| holding | Common stock, no par value F1 | -- | -- | -- |
Footnotes (2)
- F1. Includes 36.324 shares of common stock acquired on November 28, 2025, 36.997 shares of common stock acquired on February 27, 2026, 37.470 shares of common stock acquired on May 29, 2026, and 36.339 shares of common stock acquired on August 31, 2026, in each case resulting from the reinvestment of dividends pursuant to Unitil Corporation's Dividend Reinvestment and Stock Purchase Plan.
- F2. Each restricted stock unit is equivalent in value to one share of Unitil Corporation's common stock, no par value ("Common Stock"), and represents the right to receive a combination of cash and Common Stock after separation from service on Unitil Corporation's Board of Directors. Each restricted stock unit is fully vested upon grant and is payable 70% in Common Stock and 30% in cash, based upon the closing price of Common Stock on the day prior to settlement.
Key Figures
Key Terms
restricted stock units financial
fully vested financial
separation from service financial
Dividend Reinvestment and Stock Purchase Plan financial
FAQ
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How many RSUs did UTL director Neveen F. Awad receive?
How are Unitil's restricted stock units settled?
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