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Unitil Corp SEC Filings

UTL NYSE

Welcome to our dedicated page for Unitil SEC filings (Ticker: UTL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

The Unitil Corporation (NYSE: UTL) SEC filings page provides access to the company’s official regulatory disclosures as a public utility holding company. Through these documents, investors can review how Unitil reports on its regulated electricity and natural gas distribution operations in Maine, New Hampshire and Massachusetts, as well as its capital structure, acquisitions and governance matters.

Unitil’s current reports on Form 8-K highlight material events such as credit agreements, note purchase agreements, and the completion of acquisitions. For example, the company has filed 8-Ks describing a credit agreement with The Bank of Nova Scotia used in part to finance the acquisition of Maine Natural Gas Company, a transition services agreement related to that acquisition, and long-term senior unsecured notes issued by Bangor Natural Gas Company. Other 8-K filings document management changes, including the appointment of a Senior Vice President and General Counsel and the planned retirement and succession of the Corporate Secretary.

In addition to event-driven 8-Ks, Unitil files registration statements and prospectus supplements with the SEC in connection with public offerings of its common stock. These filings outline the use of proceeds, such as equity contributions to regulated utility subsidiaries, repayment of credit facility borrowings and general corporate purposes. The company’s SEC reports also specify that its common stock, no par value, is registered under Section 12(b) of the Securities Exchange Act of 1934 and listed on the New York Stock Exchange under the symbol UTL.

On Stock Titan, users can view these filings as they are made available from EDGAR and use AI-powered summaries to better understand complex agreements, financial covenants and transaction structures. This includes quickly identifying key terms in credit agreements, note purchase agreements and acquisition-related documents, as well as tracking ongoing obligations and events of default described in Unitil’s regulatory filings.

Rhea-AI Summary

Unitil Corporation appointed Carleton B. Simpson, 35, as Senior Vice President and General Counsel, effective immediately. Under the company’s by-laws, his term runs until the first meeting of the Board of Directors after the next annual meeting of shareholders, and until his successor is chosen and qualified.

Simpson most recently served as Vice President of Energy Transformation at Fitchburg Gas and Electric Light Company. He previously worked at Unitil from 2013 to 2021 across engineering, regulatory, external affairs, and legal roles, and served as a Commissioner of the New Hampshire Public Utilities Commission from 2021 to 2024. He holds a B.S. in Electrical Engineering (University of New Hampshire), an M.S. in Electrical and Computer Engineering (Worcester Polytechnic Institute), and a J.D. (Suffolk University Law School).

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Unitil Corporation completed its purchase of Maine Natural Gas Company and put new financing in place to support the deal. Unitil paid $86.0 million in cash for the stock, plus approximately $7.1 million for estimated working capital.

On October 31, 2025, Unitil entered into a senior unsecured delayed draw term Credit Agreement with The Bank of Nova Scotia for up to $86 million. Borrowings are permitted until October 31, 2026, with all amounts due at that time. Unitil borrowed $86.0 million on the closing date to partially finance the acquisition. The facility allows prepayment at any time without premium (other than breakage costs) and includes mandatory prepayments from net proceeds of certain new debt, equity, asset sales or insurance recoveries, subject to a $25 million threshold for asset sale and casualty proceeds.

Covenants include limits on additional liens, debt, investments, dividends, guarantees, mergers and business changes, and a financial covenant capping Funded Debt to Capitalization at 65%, tested quarterly. A separate Transition Services Agreement provides up to 12 months of services from Avangrid to maintain Maine Natural’s operations, reimbursed monthly at cost.

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Unitil Corporation (UTL) filed its Q3 2025 10‑Q, reporting Total Operating Revenue of $101.1 million and a GAAP Net Loss of $0.3 million (EPS of ($0.02)). Adjusted Net Income was $0.4 million (EPS of $0.03) after excluding acquisition-related costs. For the first nine months, GAAP Net Income was $31.2 million (EPS of $1.89) and Adjusted Net Income was $33.5 million (EPS of $2.03).

Electric Adjusted Gross Margin rose to $33.1 million in Q3, while Gas Adjusted Gross Margin increased to $26.6 million, reflecting higher rates and customer growth; Bangor contributed to gas revenue and margins. O&M and Depreciation & Amortization rose on higher utility activity and recent rate cases. Interest expense increased with higher long-term debt. The Board declared quarterly dividends of $0.45 per share. Unitil completed the acquisition of Maine Natural Gas Company on October 31, 2025, expanding its gas footprint. The company also raised approximately $71.8 million by issuing 1,602,358 common shares at $46.65 and maintains a $50 million ATM program, with $48.5 million remaining. Common shares outstanding were 17,914,793 as of October 31, 2025.

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David A. Whiteley, a director of Unitil Corp (UTL), reported stock compensation and a grant on 10/01/2025. He acquired 2,435 shares of common stock at a reported price of $47.22 per share as the stock portion of his annual director retainer. Separately, he holds 9,248 restricted stock units (RSUs) that are fully vested and payable after separation from Board service. Each RSU equals one share and will be paid 70% in common stock and 30% in cash, with payouts based on the closing stock price the day before settlement. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Whiteley on 10/03/2025.

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Justine Vogel, a director of Unitil Corporation (UTL), received 2,435 shares of Unitil common stock on 10/01/2025 as the stock portion of her annual director retainer. The shares were issued under the Unitil Corporation Third Amended and Restated 2003 Stock Plan and were transferred into her name at an indicated price of $47.22 per share. After this transaction Ms. Vogel beneficially owned 12,134 shares. The Form 4 was signed on 10/03/2025 by Sandra L. Whitney as attorney-in-fact. The filing is a routine Section 16 disclosure showing a director compensation-related issuance rather than an open-market purchase or sale.

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Jane Lewis-Raymond, a director of Unitil Corporation (UTL), reported transactions on 10/01/2025. She disposed of 288.33 shares of common stock (Code V) and was granted 2,435 restricted stock units (RSUs) that are fully vested upon grant and payable 70% in Common Stock and 30% in cash based on the closing price the day before settlement. The RSUs have an attributed per-share price of $47.22 and represent the right to receive that mix of stock and cash after she separates from the Board.

The filing also clarifies that prior small share amounts (2.235; 2.369; 2.725) were acquired via dividend reinvestment earlier in 2025. The Form 4 is signed by an attorney-in-fact on behalf of the reporting person.

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Katherine Kountze, a director of Unitil Corporation (UTL), received 1,624 shares of the company's common stock on 10/01/2025 as the stock portion of her annual director retainer. The shares were granted under the Unitil Corporation Third Amended and Restated 2003 Stock Plan and were transferred into her name at a reported price of $47.22 per share. The Form 4 shows these shares are held directly and lists 1,624 shares beneficially owned following the transaction. The filing was signed on behalf of Ms. Kountze by Sandra L. Whitney, attorney-in-fact, on 10/03/2025.

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Michael B. Green, a Director of Unitil Corp (UTL), reported transactions dated 10/01/2025. The filing shows a grant of 2,435 restricted stock units (RSUs) that are fully vested on grant and valued at $47.22 per share for disclosure purposes. The RSUs will be payable after separation from Board service and will be settled 70% in common stock and 30% in cash, based on the closing price the day before settlement. The report also shows a reported disposition of 5,529.746 shares and indicates 21,357 shares beneficially owned following the reported transactions.

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Unitil Corporation director Suzanne Foster received 2,435 shares of Unitil common stock as the stock portion of her annual director retainer, with the transaction reported as having occurred on 10/01/2025. The reported per-share price for the award was $47.22, and following the transfer Ms. Foster beneficially owned 12,134 shares. The grant was made under the Unitil Corporation Third Amended and Restated 2003 Stock Plan and the Form 4 was signed on behalf of Ms. Foster by an attorney-in-fact.

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Mark H. Collin, a director of Unitil Corp (UTL), received 2,435 shares of the company's common stock on 10/01/2025 as the stock portion of his annual director retainer under the Third Amended and Restated 2003 Stock Plan. The transaction was reported on Form 4 and recorded at a price of $47.22 per share. Following the grant, the filing shows beneficial ownership of 58,837.16 shares. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Collin on 10/03/2025. The filing discloses a routine director compensation share grant and does not list any derivative transactions.

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FAQ

What is the current stock price of Unitil (UTL)?

The current stock price of Unitil (UTL) is $50.91 as of January 30, 2026.

What is the market cap of Unitil (UTL)?

The market cap of Unitil (UTL) is approximately 905.4M.
Unitil Corp

NYSE:UTL

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905.41M
17.56M
1.86%
75.68%
1.24%
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