MEISSNER THOMAS P JR 4

What Happened
Thomas P. Meissner Jr., Chairman & CEO of Unitil Corporation (UTL), was granted multiple equity awards on January 27, 2026 totaling 20,535 shares. The filing shows two grants of 8,090 shares each (reported at $0.00), one grant of 310 shares valued at $50.00 each (total $15,500), and 4,045 shares reported as a derivative award (value N/A). These were awards/acquisitions (code A) — compensation and performance/time-based grants rather than open-market purchases.

Key Details

• Transaction date: 2026-01-27; Form 4 filed 2026-01-29 (timely). Accession: 0001193125-26-029406.
• Grants: 8,090 shares @ $0.00 (two tranches), 310 shares @ $50.00 (value $15,500), 4,045 derivative shares @ N/A. Total shares granted: 20,535.
• Shares owned after transaction: not provided in the supplied data.
• Relevant footnotes: grants come under the Unitil Third Amended and Restated 2003 Stock Plan. Footnotes indicate: time-vested awards generally vest 25% per year over four years; some awards vest after a three-year performance period based on performance goals; one tranche was paid at the conclusion of the 2023–2025 performance period; some shares are held in a tax-deferred trust; future contingent awards may vest after a performance period ending Dec 31, 2028.
• Filing timeliness: filed promptly (no late filing flag).

Context
These are compensation and performance-based awards (not open-market buys or sales). The $0.00 entries reflect awards issued rather than cash purchases; the derivative line indicates contingent/convertible awards (e.g., performance shares or RSUs) that will convert to common stock upon satisfying vesting or performance conditions. Such awards are routine for executive compensation and intended for retention and performance incentives, not a direct buy/sell signal.