Form 4: Unitil Director Green Acquires $115K in Restricted Stock

Unitil Corp. Director Michael B. Green acquired 2,435 restricted stock units, valued at $114,990.70, which are fully vested upon grant.

Summary

• Director Michael B. Green acquired 2,435 restricted stock units (RSUs) of Unitil Corp. on October 1, 2025.
• Each RSU is equivalent in value to one share of Unitil Corporation's common stock and was valued at $47.22, totaling an acquisition value of $114,990.70.
• These RSUs are fully vested upon grant and represent the right to receive a combination of cash (30%) and common stock (70%) after separation from service on the Board of Directors.
• Following this transaction, Mr. Green beneficially owns 21,357 derivative securities (RSUs) and 5,529.746 shares of common stock.

Sentiment

Score: 8

Explanation: The acquisition of additional equity by a director is generally viewed as a positive signal, indicating insider confidence in the company's future prospects.

Positives

• Director Michael B. Green increased his beneficial ownership in Unitil Corp. through the acquisition of 2,435 restricted stock units.
• The acquired restricted stock units are fully vested upon grant, indicating immediate ownership rights and strong alignment with shareholder interests.
• The structure of the RSUs, payable 70% in common stock and 30% in cash, aligns the director's interests with long-term shareholder value while providing some liquidity upon settlement.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Increased alignment of the director's financial interests with long-term shareholder value.
• Management: The compensation structure reinforces the director's commitment to the company's performance.

Key Dates

Recommendation

The acquisition of additional equity by a director, especially fully vested restricted stock units, signals strong insider confidence in the company's future prospects and aligns their financial interests with long-term shareholder value, suggesting a positive outlook for the stock.

Keywords

Unitil Corp, UTL, Michael B. Green, Restricted Stock Units, Director Compensation, Insider Trading, SEC Form 4