Unitil Corp. Reports Board Changes and Compensation Updates
Ticker: UTL · Form: 8-K · Filed: May 7, 2024 · CIK: 755001
| Field | Detail |
|---|---|
| Company | Unitil Corp (UTL) |
| Form Type | 8-K |
| Filed Date | May 7, 2024 |
| Risk Level | low |
| Pages | 8 |
| Reading Time | 10 min |
| Key Dollar Amounts | $712,025, $1,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-of-directors
TL;DR
Unitil Corp. filed an 8-K detailing board changes and executive comp updates. No major financial news.
AI Summary
On May 1, 2024, Unitil Corp. announced changes in its board of directors and executive compensation arrangements. The filing also details the submission of matters to a vote of security holders and includes financial statements and exhibits. Specific details regarding the nature of the director changes or compensation adjustments were not provided in this summary.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting shareholder value.
Risk Assessment
Risk Level: low — The filing primarily concerns corporate governance and administrative matters, with no immediate financial risks disclosed.
Key Players & Entities
- Unitil Corp. (company) — Registrant
- May 1, 2024 (date) — Date of earliest event reported
- New Hampshire (location) — State of incorporation
- 6 Liberty Lane West, Hampton, New Hampshire 03842-1720 (address) — Principal executive offices
- (603) 772-0775 (phone_number) — Registrant's telephone number
FAQ
What specific changes were made to the board of directors?
The filing indicates a departure of directors or certain officers and the election of directors, but does not specify the names or number of individuals involved in these changes.
What are the details of the compensatory arrangements for certain officers?
The filing mentions updates to compensatory arrangements for certain officers, but the specific details of these arrangements are not provided in the summary text.
What matters were submitted to a vote of security holders?
The filing states that matters were submitted to a vote of security holders, but does not specify what those matters were.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on May 1, 2024.
What is Unitil Corp.'s principal executive office address?
Unitil Corp.'s principal executive office is located at 6 Liberty Lane West, Hampton, New Hampshire 03842-1720.
Filing Stats: 2,485 words · 10 min read · ~8 pages · Grade level 13.4 · Accepted 2024-05-07 16:30:03
Key Financial Figures
- $712,025 — will pay him an initial base salary of $712,025 per year, which is subject to annual re
- $1,000 — ed to a monthly automobile allowance of $1,000; and (viii) he will be reimbursed for a
Filing Documents
- d816815d8k.htm (8-K) — 59KB
- d816815dex101.htm (EX-10.1) — 50KB
- 0001193125-24-133173.txt ( ) — 247KB
- utl-20240501.xsd (EX-101.SCH) — 3KB
- utl-20240501_lab.xml (EX-101.LAB) — 17KB
- utl-20240501_pre.xml (EX-101.PRE) — 11KB
- d816815d8k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UNITIL CORPORATION By: /s/ Daniel J. Hurstak Daniel J. Hurstak Senior Vice President, Chief Financial Officer and Treasurer Date: May 7, 2024