STOCK TITAN

Unitil director Brown disposes of 2,272 stock units

Each restricted stock unit is equivalent in value to one share of Unitil Corporation's common stock.

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Form Type
4

Rhea-AI Filing Summary

Unitil Corporation director Winfield S. Brown reported a disposition of 2,272 restricted stock units on October 1, 2026. Each unit is fully vested upon grant and represents the right to receive a combination of cash and common stock after separation from service on the board; settlement is 70% in common stock and 30% in cash, based on the common stock closing price the day before settlement. His reported direct positions after the transaction on October 1, 2026, were 5,598 restricted stock units and 7,723 shares of common stock.

Insider Brown Winfield S
Role Director
Type Security Shares Price Value
Grant/Award Restricted stock units F1 2,272 $0.00 $0.00
holding Common stock, no par value -- -- --
Holdings After Transaction: Restricted stock units — 5,598 contracts (Direct); Common stock, no par value — 7,723 shares (Direct)
Footnotes (1)
  1. F1. 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 reported as disposed 2,272 restricted stock units Winfield S. Brown; October 1, 2026
Restricted stock units after transaction 5,598 restricted stock units Winfield S. Brown's reported direct position after the transaction on October 1, 2026
Common stock after transaction 7,723 shares Winfield S. Brown's reported direct position after the transaction on October 1, 2026
Settlement in common stock 70% Restricted stock unit settlement
Settlement in cash 30% Restricted stock unit settlement
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 technical
"after separation from service on Unitil Corporation's Board of Directors"

FAQ

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

How many restricted stock units did UTL director Winfield S. Brown report?

Winfield S. Brown, a Unitil Corporation director, reported a disposition of 2,272 restricted stock units on October 1, 2026.

How are Winfield S. Brown's UTL restricted stock units settled?

Each unit represents a right to receive a combination of cash and common stock after separation from service on the board. Settlement is 70% in common stock and 30% in cash, based on the common stock's closing price on the day before settlement.

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

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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*
Brown Winfield S

(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 value7,723D
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(1)10/01/2026A2,272 (1) (1)Common stock2,272$05,598D
Explanation of Responses:
1. 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 Winfield S. Brown10/02/2026
** 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)

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