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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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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted stock units F1 | 2,272 | $0.00 | $0.00 |
| holding | Common stock, no par value | -- | -- | -- |
Footnotes (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.
Key Figures
Key Terms
restricted stock units financial
fully vested financial
separation from service technical
FAQ
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How many restricted stock units did UTL director Winfield S. Brown report?
How are Winfield S. Brown's UTL restricted stock units settled?
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