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.
Unitil Corporation filings document the regulatory record for a New Hampshire public utility holding company whose common stock trades on the New York Stock Exchange under UTL. The filings cover electric and natural gas utility operations, consolidated financing activity, subsidiary debt transactions, common stock distribution arrangements and material agreements related to utility acquisitions.
Unitil's proxy and current reports disclose annual meeting votes, director elections, auditor ratification, executive compensation matters, restricted stock award practices and corporate officer succession. Its 8-K disclosures also record Regulation FD presentations, risk and forward-looking statement language, capital expenditures, business and regulatory strategy, and financing terms for utility subsidiaries.
Unitil Corporation filed an 8-K describing an amendment to its previously announced agreement to acquire Aquarion Water Company of Massachusetts, Inc., Aquarion Water Company of New Hampshire, Inc., and Abenaki Water Co., Inc. from Aquarion Water Authority.
The amendment, dated January 23, 2026, changes the Purchase Agreement’s “Termination Date” from January 23, 2026 to February 23, 2026, effectively giving the parties an additional month to close the transaction or meet remaining conditions. All other terms of the Purchase Agreement remain in place, and Unitil states that it and its controlled affiliates have no material relationships with the seller or the South Central Connecticut Regional Water Authority other than this transaction.
Unitil Corporation reported new equity awards for Pres. & Chief Admin Officer Robert B. Hevert. On January 27, 2026, he received 3,740 shares of common stock that generally vest 25% per year over four years under the Third Amended and Restated 2003 Stock Plan.
He also received 3,740 performance-based shares that generally vest after a three-year performance period, plus 90 shares granted at the conclusion of the 2023–2025 performance period at $50 per share. Following these transactions, he beneficially owned 35,465.35 shares of common stock directly, including shares accumulated through dividend reinvestment, and 5,120 contingent stock-based derivative securities tied to performance through December 31, 2028.
Unitil Corporation’s Chairmain & CEO and director Thomas P. Meissner Jr. reported new equity awards under the Unitil Corporation Third Amended and Restated 2003 Stock Plan dated January 27, 2026.
He received 8,090 shares of common stock that generally vest 25% per year over four years, and another 8,090 shares that generally vest after a three‑year performance period based on specified performance thresholds. He was also granted 310 shares at $50 per share at the conclusion of the 2023‑2025 performance period, reflecting achieved performance goals.
In addition, Meissner acquired a contingent grant for 4,045 shares of common stock, which may be earned after a three‑year performance period ending on December 31, 2028, subject to performance thresholds. Following these transactions, he beneficially owns 145,995 common shares directly and 2,743.07 shares indirectly through a trust under Unitil’s Tax Deferred Savings and Investment Plan.
Unitil Corporation reported an upcoming leadership transition in its corporate governance team. Corporate Secretary Sandra L. Whitney has given notice that she will retire and resign from the company and its subsidiaries effective at the end of the day on December 31, 2025.
As part of its succession plan, Unitil will appoint Carleton B. Simpson, currently Senior Vice President and General Counsel, as Corporate Secretary effective January 1, 2026. He will continue serving as General Counsel while taking on the additional Corporate Secretary role. The company expects Ms. Whitney to provide consulting services through April 30, 2026 to support a smooth transition of responsibilities.
Unitil Corporation (UTL) insider filing: The company’s SVP and General Counsel filed an initial ownership statement. The insider directly holds 1,920 shares of common stock. The filing also lists a contingent right to 480 common shares under the Unitil Corporation Third Amended and Restated 2003 Stock Plan, deliverable after a three-year performance period ending December 31, 2027, based on attainment of performance goals. The date of event is October 29, 2025.
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).
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.
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.
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.
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.
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.
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.