Utg Inc.
- UTGN · OTC
- Life Insurance
- Stanford, KY
- 40 employees
- CIK 0000832480
Updated from SEC filings through
Top things to know
Executives
- Jesse T. Correll Chairman & CEO 4, 2026-08-28
- Theodore C. Miller Senior Vice President and Chief Financial Officer 10-Q, 2026-08-12
- Daniel T. Roberts Vice President 4, 2026-02-06
- Julie Ann Abel Vice President 5, 2026-01-15
- Douglas Paul Ditto Vice President 4, 2025-12-29
Utg Inc is a U.S. public company in life insurance (SIC 6311), headquartered in Stanford, KY. It trades as UTGN on OTC. Revenue was $42.3M in the fiscal year ending December 31, 2025, -50.1% from the year before. It reported about 40 employees. Jesse T. Correll is Chairman & CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $42.3M 10-K, 2026-03-25 | $84.9M 10-K, 2026-03-25 | $26.3M 10-K, 2025-03-26 | $69.7M 10-K, 2024-04-01 | $35.6M 10-K, 2023-03-24 |
| Operating income | Not on file | Not on file | Not on file | Not on file | Not on file |
| SG&A | $8.0M 10-K, 2026-03-25 | $7.5M 10-K, 2026-03-25 | $7.9M 10-K, 2025-03-26 | $7.9M 10-K, 2024-04-01 | $6.8M 10-K, 2023-03-24 |
| Net income | $17.1M 10-K, 2026-03-25 | $50.0M 10-K, 2026-03-25 | $2.7M 10-K, 2025-03-26 | $34.3M 10-K, 2024-04-01 | $9.7M 10-K, 2023-03-24 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Jesse T. Correll | Chairman & CEO | 4, 2026-08-28 |
| Theodore C. Miller | Senior Vice President and Chief Financial Officer | 10-Q, 2026-08-12 |
| Daniel T. Roberts President at Universal Guaranty Life Insurance | Vice President | 4, 2026-02-06 |
| Julie Ann Abel | Vice President | 5, 2026-01-15 |
| Douglas Paul Ditto | Vice President | 4, 2025-12-29 |
What Utg Inc does
The Holding Company - UTG, Inc. (the “Registrant”, “Company” or “UTG”) is an insurance holding company incorporated in the state of Delaware in 2005 and headquartered in Stanford, KY. The Company’s principal subsidiary is Universal Guaranty Life Insurance Company (“UG”). The Registrant and its primary subsidiary have only one significant segment, insurance.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 3.1 million (as of July 31, 2026) | 10-Q, August 12, 2026 |
|---|---|---|
| Public float | $29.6M (as of June 30, 2025) | 10-K, March 25, 2026 |
| Reportable segments | 1 (period ending June 30, 2026) | 10-Q, August 12, 2026 |
| Latest proxy statement | Meeting June 30, 2026 (filed May 15, 2026) | DEF 14A, May 15, 2026 |
| Auditor | Kerber, Eck & Braeckel LLP (Springfield, Illinois) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| August 27, 2026 | Jesse T. Correll Chairman & CEO | Buy | 1,000 | $60K | Form 4, August 28, 2026 |
| August 18, 2026 | Jesse T. Correll Chairman & CEO | Buy | 4,808 | $284K | Form 4, August 19, 2026 |
| May 18, 2026 | Jesse T. Correll Chairman & CEO | Buy | 4,850 | $267K | Form 4, May 20, 2026 |
| March 6, 2026 | Jesse T. Correll Chairman & CEO | Buy | 5,162 | Form 4, March 9, 2026 | |
| November 18, 2025 | John Cortines Director | Sale | 1,181 | $65K | Form 4, November 19, 2025 |
| July 18, 2025 | Jesse T. Correll Chairman & CEO | Buy | 12,039 | Form 4, July 18, 2025 |
Recent 8-K events
- 8-K filed 2026-07-01
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-02-06
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2025-09-04
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2025-09-02
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2025-06-27
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2025-02-04
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2024-12-27
- Item 8.01 Other events
- 8-K filed 2024-07-01
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2024-06-28
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2024-02-12
- Item 5.02 Departure or appointment of directors or officers; compensation
Frequently asked questions about Utg Inc
- What does Utg Inc do?
- In its own words, from Item 1 of its 10-K: "The Holding Company - UTG, Inc. (the “Registrant”, “Company” or “UTG”) is an insurance holding company incorporated in the state of Delaware in 2005 and headquartered in Stanford, KY. The Company’s principal subsidiary is Universal Guaranty Life Insurance Company (“UG”). The Registrant and its primary subsidiary have only one significant segment, insurance."
- What is Utg Inc's revenue?
- $42.3M for the fiscal year ending December 31, 2025, from its 10-K filed March 25, 2026.
- Is Utg Inc profitable?
- Utg Inc reported net income of $17.1M for the fiscal year ending December 31, 2025.
- How many employees does Utg Inc have?
- About 40 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Utg Inc?
- Jesse T. Correll, Chairman & CEO, as named in a 4 filed August 28, 2026.
- Who is the CFO of Utg Inc?
- Theodore C. Miller, Senior Vice President and Chief Financial Officer, as named in a 10-Q filed August 12, 2026.
- Where is Utg Inc headquartered?
- Stanford, KY.
- What is Utg Inc's stock ticker?
- UTGN on OTC.
- What industry is Utg Inc in?
- Life Insurance, SIC code 6311.
- What is Utg Inc's website?
- utgins.com. Investor relations: https://utgins.com/investors/.
- When does Utg Inc report earnings next?
- November 12, 2026. Source: estimate_10q_cadence.
- Is Utg Inc a public company?
- Yes. Utg Inc files with the SEC under CIK 0000832480 and trades as UTGN.
- Who audits Utg Inc?
- Kerber, Eck & Braeckel LLP, Springfield, Illinois, as named in its latest annual report (10-K).
- How many shares of Utg Inc are outstanding?
- 3.1 million shares as of July 31, 2026, from its 10-Q filed August 12, 2026.
- What is Utg Inc's public float?
- $29.6M as of June 30, 2025, as reported on the cover of its 10-K filed March 25, 2026.
- How many business segments does Utg Inc report?
- 1 reportable segment for the period ending June 30, 2026, from its 10-Q filed August 12, 2026.
- When is Utg Inc's annual shareholder meeting?
- June 30, 2026, per its proxy statement (DEF 14A) filed May 15, 2026.
- Have Utg Inc insiders traded stock recently?
- Since July 18, 2025, officers and directors reported 1 open-market sale worth about $65K and 5 purchases worth about $610K on Forms 4 and 5. The most recent: Jesse T. Correll (Chairman & CEO) bought 1,000 shares on August 27, 2026.