UNITIL Corporation Updates Executive Equity Compensation Plan

Reuters
Feb 03
UNITIL Corporation Updates Executive Equity Compensation Plan

UNITIL Corporation has announced updates to its equity compensation practices for executive officers and senior management. On January 27, 2026, the company’s Compensation Committee approved amendments to the grant of restricted stock awards, introducing revised agreements for both time-vesting and performance-vesting restricted shares. Additionally, the company granted unrestricted shares of common stock to key executives, including 310 shares to CEO Thomas P. Meissner, Jr., 90 shares to President Robert B. Hevert, and 40 shares each to CFO Daniel J. Hurstak, Vice President Justin Eisfeller, and Senior Vice President Christopher J. Leblanc. These unrestricted shares were awarded following the company’s achievement of performance targets over the 2023–2025 period.

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