Form 4: Unitil Corp Director Collin Acquires Shares as Part of Annual Retainer

Director Mark H. Collin acquired 1,582 shares of Unitil Corp common stock at $60.02 per share on October 1, 2024, as part of his annual retainer fee.

Summary

• On October 1, 2024, Mark H. Collin, a director of Unitil Corp, acquired 1,582 shares of the company's common stock.
• The shares were acquired at a price of $60.02 per share.
• This transaction was part of Collin's annual retainer fee as a director, granted under the Unitil Corporation Third Amended and Restated 2003 Stock Plan.
• Following the transaction, Collin directly owns 56,402.16 shares of Unitil Corp common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. A director increasing their stake in the company is generally viewed favorably, indicating confidence in the company's future.

Positives

• Director Collin's acquisition of shares demonstrates his continued investment and confidence in Unitil Corp.

Industry Context

This type of stock acquisition by a company director as part of their compensation is a common practice in publicly traded companies.

Stakeholder Impact

• The acquisition could have a slightly positive impact on shareholders as it signals confidence from a company director.

Key Dates