STOCK TITAN

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.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

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 Awad Neveen F
Role Director
Type Security Shares Price Value
Grant/Award Restricted stock units F2 2,272 $0.00 $0.00
holding Common stock, no par value F1 -- -- --
Holdings After Transaction: Restricted stock units — 4,707 contracts (Direct); Common stock, no par value — 4,132.63 shares (Direct)
Footnotes (2)
  1. 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.
  2. 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.
Restricted stock units awarded 2,272 restricted stock units Awarded October 1, 2026
Restricted stock units after award 4,707 restricted stock units Reported after the October 1, 2026 award
Common stock held directly 4,133 shares Reported October 1, 2026; includes shares acquired through dividend reinvestment
Settlement in common stock 70% Portion of restricted stock unit value payable in common stock
Settlement in cash 30% Portion of restricted stock unit value payable in cash
restricted stock units financial
"Each restricted stock unit is equivalent in value to one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
fully vested financial
"Each restricted stock unit is fully vested upon grant"
separation from service financial
"after separation from service on Unitil Corporation's Board of Directors"
Dividend Reinvestment and Stock Purchase Plan financial
"pursuant to Unitil Corporation's Dividend Reinvestment and Stock Purchase Plan"
A dividend reinvestment and stock purchase plan lets investors automatically use cash dividends to buy additional shares and often make extra share purchases directly from the company, usually at low or no commission. Think of it as an automatic savings plan for stock: dividends and optional contributions are turned into more shares, helping ownership grow through compounding and making regular investing simple and low-cost—key for long-term investors.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RSUs did UTL director Neveen F. Awad receive?

Neveen F. Awad, a Unitil Corporation director, 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.

How are Unitil's restricted stock units settled?

Each restricted stock unit is equivalent in value to one share of 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. Settlement is 70% in common stock and 30% in cash, based on the common stock closing price on the day before settlement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Awad Neveen F

(Last)(First)(Middle)
6 LIBERTY LANE WEST

(Street)
HAMPTON NEW HAMPSHIRE 03842

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
UNITIL CORP [ UTL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common stock, no par value4,132.63(1)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted stock units(2)10/01/2026A2,272 (2) (2)Common stock2,272$04,707D
Explanation of Responses:
1. 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.
2. 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.
/s/ Thomas P. Meissner, Jr., attorney-in-fact for Neveen F. Awad10/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Keep reading