Anne L. Alonzo, a director of Unitil Corporation (UTL), reported transactions on 10/01/2025 showing the vesting and settlement of restricted stock units and an associated sale. She was granted 2,435 restricted stock units that are fully vested on grant and payable 70% in common stock and 30% in cash based on the closing price the day before settlement. The filing reports a disposition of 1,276 shares of common stock (code V), and shows 4,017 shares of common stock beneficially owned following the reported transactions. The form is signed by an attorney-in-fact and dated 10/03/2025.
The disclosure is a routine Section 16 Form 4 reporting compensation-related equity (restricted stock units) that vested and the resulting share sale, rather than a corporate event or financial restatement. All figures and mechanics reported here are limited to the grant, its settlement mix (stock/cash), the number of shares sold, and the resulting beneficial ownership.
Unitil Corporation has filed a prospectus supplement and accompanying prospectus for an offering, referencing documents incorporated by reference including its 2024 Form 10-K and subsequent Form 10-Qs through June 30, 2025. The supplement explains terms of this offering under a shelf registration and notes the company’s common stock trades on the NYSE under UTL with a 52-week high of $63.52 and low of $48.72. As of June 30, 2025, a pro forma summary in the supplement shows aggregate line items totaling $1,168.6 (in millions or thousands not specified in the excerpt). The document describes 60-day lock-up agreements with the underwriters that restrict transfers by certain parties, and it sets out U.S. federal income tax rules for non-U.S. holders, including potential 30% withholding (and FATCA-related withholding) on dividends and certain payments absent certification or treaty relief. The prospectus highlights risk factors and procedures for obtaining treaty benefits, backup withholding, and other tax considerations for non-U.S. investors.