STOCK TITAN

BlackRock (UTL) discloses 14.9% ownership of Unitil; iShares >5%

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

BlackRock, Inc. reports beneficial ownership of 2,686,435 shares of UNITIL CORPORATION common stock, representing 14.9% of the class. The filing shows BlackRock holds 2,658,845 shares with sole voting power and 2,686,435 shares with sole dispositive power. The iShares Core S&P Small-Cap ETF is identified as a holder with an interest exceeding 5%.

Positive

  • None.

Negative

  • None.

Insights

BlackRock reports a large passive stake in UNITIL at 14.9%.

BlackRock's Schedule 13G/A lists 2,686,435 shares beneficially owned and shows sole voting and dispositive powers nearly aligned (voting 2,658,845; dispositive 2,686,435), indicating centralized control within the Reporting Business Units. The filing attributes an interest by iShares Core S&P Small-Cap ETF above the 5% threshold.

Timing and trading intent are not stated; Schedule 13G/A filings typically reflect passive investment positions. Subsequent filings could show changes in percent ownership or a move to an active filer if voting or strategic intent changes.

High passive ownership can influence governance dialogue without implying control.

At 14.9% beneficial ownership, BlackRock is a sizable shareholder but not a majority holder. The close match between sole voting and dispositive power suggests voting authority rests with BlackRock's Reporting Business Units disclosed here.

Watch for proxy-season disclosures or any Schedule 13D amendments that would signal active engagement; this excerpt does not state such intentions.

Beneficially owned shares 2,686,435 shares Amount beneficially owned reported on Schedule 13G/A
Percent of class 14.9% Percent of common stock beneficially owned
Sole voting power 2,658,845 shares Number with sole power to vote or to direct the vote
Sole dispositive power 2,686,435 shares Number with sole power to dispose or to direct disposition
CUSIP 913259107 Unitil Corporation common stock CUSIP on cover
Identified >5% holder iShares Core S&P Small-Cap ETF Item 6 identifies this entity as holding an interest >5%
Schedule 13G/A regulatory
"This Schedule 13G/A reflects the securities beneficially owned"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially owned financial
"Amount beneficially owned: 2686435"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power financial
"Sole power to dispose or to direct the disposition of: 2686435"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Reporting Business Units financial
"beneficially owned by certain business units (collectively, the "Reporting Business Units")"





913259107

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



BlackRock, Inc.
Signature:Spencer Fleming
Name/Title:Managing Director
Date:04/24/2026
Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7

FAQ

How many UNITIL (UTL) shares does BlackRock report owning?

BlackRock reports beneficial ownership of 2,686,435 shares of UNITIL (UTL). The filing states this represents 14.9% of the outstanding common stock and lists voting and dispositive power figures.

Does BlackRock have voting power over UNITIL (UTL) shares?

Yes. BlackRock reports sole voting power for 2,658,845 shares of UNITIL (UTL). The Schedule 13G/A shows the voting figure alongside dispositive power for clarity on control.

Is any other entity shown as owning more than 5% of UNITIL (UTL)?

Yes. The filing identifies iShares Core S&P Small-Cap ETF as having an interest exceeding 5% in UNITIL (UTL). The statement appears under Item 6 concerning ownership on behalf of another person.

What does Schedule 13G/A tell investors about BlackRock's intent for UNITIL (UTL)?

A Schedule 13G/A typically indicates a passive investment stance. This filing lists ownership and power figures but does not state active control or strategic intent regarding UNITIL (UTL).

When was the Schedule 13G/A for BlackRock and UNITIL (UTL) signed?

The filing is signed by Spencer Fleming on 04/24/2026. The cover page shows an earlier date stamp of 03/31/2026 tied to the reporting period or cover metadata.