Form 4: Unitil Director Alonzo Receives Equity Grant

Unitil Corp. Director Anne L. Alonzo reported the acquisition of 2,435 fully vested restricted stock units.

Summary

• Anne L. Alonzo, a Director of Unitil Corp. (UTL), reported changes in her beneficial ownership.
• On October 1, 2025, she acquired 2,435 restricted stock units (RSUs).
• Each RSU is equivalent in value to one share of Unitil Corporation's common stock.
• These RSUs are fully vested upon grant, meaning the right to them is established immediately.
• Settlement of the RSUs will occur after her separation from service on the Board of Directors, with payment consisting of 70% common stock and 30% cash, based on the closing price of common stock the day prior to settlement.
• The price of the derivative security (RSU) was $47.22.
• Following this transaction, she beneficially owns a total of 4,017 restricted stock units.
• She also directly owns 1,276 shares of common stock.

Sentiment

Score: 7

Explanation: The grant of fully vested restricted stock units to a director is generally viewed positively as it aligns management's interests with shareholders.

Positives

• Director Anne L. Alonzo received a grant of 2,435 restricted stock units, aligning her interests with shareholders.
• The restricted stock units are fully vested upon grant, providing immediate equity interest, although settlement is deferred until separation from service.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The grant of equity to a director generally aligns their long-term interests with shareholder value.

Key Dates

Recommendation

The filing reports a routine equity grant to a director, which is a positive for aligning interests but does not provide sufficient new information to alter an investment thesis significantly. It's a standard compensation event.

Keywords

Unitil Corp, UTL, Anne L. Alonzo, Director, Form 4, Restricted Stock Units, RSU, Insider Transaction, Equity Grant, Common Stock