Eisfeller Justin 4

4 · UNITIL CORP · Filed Jan 29, 2026

AI-generated summary of this filing

Updated Jan 29, 2026

Unitil (UTL) CTO Justin Eisfeller Receives Stock Awards

What Happened

Justin Eisfeller, Chief Technology Officer of Unitil Corporation (UTL), was granted multiple equity awards on January 27, 2026 totaling 2,740 shares. The filing shows two grants of 1,080 shares each (reported at $0.00), one grant of 40 shares at $50.00 each (total $2,000), and a grant of 540 derivative shares reported as N/A for price/value. These were reported on a Form 4 filed January 29, 2026. This transaction is an award/grant (code A) — a compensation event, not an open‑market buy or sale.

Key Details

Transaction date: January 27, 2026; Form 4 filed January 29, 2026 (timely filing).
Grants: 1,080 shares @ $0.00; 1,080 shares @ $0.00; 40 shares @ $50.00 (value $2,000); 540 derivative shares @ N/A.
Shares owned after transaction: Not specified in the provided filing summary.
Relevant footnotes from the filing:
- F1: Some shares vest 25% per year over four years (time‑based RSUs).
- F2: Some shares vest after a three‑year performance period based on performance goals.
- F3: The 40 shares were granted at the conclusion of a 2023–2025 performance period and were valued at market on the grant date; remaining contingent awards for that period terminated.
- F4: Some shares are held in trust under Unitil’s Tax Deferred Savings and Investment Plan (derivative/held shares).
Transaction code: A = Award/Grant.

Context

These awards are compensation-based grants (common for executives) and do not represent an open‑market purchase or sale. Time‑ and performance‑vesting conditions mean the shares may not be immediately transferable or sold. Derivative/held shares typically represent restricted or deferred stock arrangements.
Such grants are routine for executive pay and should be interpreted as compensation, not a clear signal of the insider’s market view.

Form 4

Period: 2026-01-27

CTO

Transactions

Award
Common stock, no par value
[F1]
2026-01-27+1,080→ 0 total
Award
Common stock, no par value
[F2]
2026-01-27+1,080→ 0 total
Award
Common stock, no par value
[F3]
2026-01-27$50.00/sh+40$2,000→ 18,394 total
Award
Contingent grant of common stock
[F5]
2026-01-27+540→ 1,520 total
→ Common stock (540 underlying)

Holdings

Footnotes (5)

[F1]Shares were granted pursuant to the Unitil Corporation Third Amended and Restated 2003 Stock Plan. Shares generally will vest 25% per year over four years from date of grant. Shares will be valued at current market price on date of vesting.
[F2]Shares were granted pursuant to the Unitil Corporation Third Amended and Restated 2003 Stock Plan. Shares generally will vest after three-year performance period based on the attainment of certain performance thresholds of certain performance goals. Shares will be valued at current market price on date of vesting.
[F3]Shares were granted pursuant to the Unitil Corporation Third Amended and Restated 2003 Stock Plan. Shares were granted at the conclusion of the 2023-2025 performance period based on the attainment of certain performance thresholds of certain performance goals. Shares were valued at current market price on date of grant. The balance of the contingent grant for such performance period terminated.
[F4]Shares are held in trust under the terms of the Unitil Corporation Tax Deferred Savings and Investment Plan.
[F5]Shares may be granted pursuant to the Unitil Corporation Third Amended and Restated 2003 Stock Plan. Any such shares would be granted after a three-year performance period ending on December 31, 2028, based on the attainment of certain performance thresholds of certain performance goals. Any such shares would be valued at current market price on date of grant.

Signature

/s/ Thomas P. Meissner, Jr., attorney-in-fact for Justin Eisfeller|2026-01-29

1 file