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      <div style="text-align: center; font-size: 14pt; font-weight: bold;">UNITED STATES</div>

      <div style="text-align: center; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>

      <div style="text-align: center; font-size: 12pt; font-weight: bold;">Washington, D.C. 20549</div>

      <div style="padding-bottom: 6pt;"> <br />
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      <div style="text-align: center; font-size: 18pt; font-weight: bold;">FORM <ix:nonNumeric name="dei:DocumentType" id="Fact_bbc3bdeceaf44ed4a32e41072756e306" contextRef="c20230221to20230221">8-K</ix:nonNumeric></div>

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      <div style="text-align: center; font-size: 10pt; font-weight: bold;">CURRENT REPORT</div>

      <div style="text-align: center; font-size: 10pt;">PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</div>

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              <div style="text-align: left; ">&#160;</div>
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              <div style="text-align: left; ">&#160;</div>
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              <div style="text-align: center; ">(State or other jurisdiction <br />
                of incorporation)</div>
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              <div style="text-align: left; ">&#160;</div>
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              <div style="text-align: center; ">(Commission <br />
                File Number)</div>
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              <div style="text-align: left; ">&#160;</div>
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    <td style="width: 30%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: center; ">(IRS Employer <br />
                Identification No.)</div>
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      <div style="text-align: center; font-size: 10pt;">(Address of principal executive offices, including zip code)</div>

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      <div style="text-align: center; font-size: 10pt; font-weight: bold;">(<ix:nonNumeric name="dei:CityAreaCode" id="Fact_f652b3cc1dcd4f78ac15634653553f01" contextRef="c20230221to20230221">217</ix:nonNumeric>) <ix:nonNumeric name="dei:LocalPhoneNumber" id="Fact_70a73f2758be4a1cb848a5e658ae62aa" contextRef="c20230221to20230221">323-6300</ix:nonNumeric></div>

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      <div style="font-size: 10pt;"> <br />
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      <div style="text-align: center; font-size: 10pt;">(Former Name or Former Address, if Changed Since Last Report)</div>

      <div style="font-size: 10pt;"> <br />
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      <div style="text-align: left; margin-top: 6pt; margin-bottom: 6pt; font-size: 10pt;"> Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
        provisions (see General Instruction A.2. below): </div>

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        the Exchange Act (17 CFR 240.13e-4(c))</div>

      <div style="margin-bottom: 2.05pt; font-size: 10pt;"> <br />
      </div>

      <div style="margin-top: 6pt;">
        <hr style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;" /> </div>

    </div>

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  <div>
    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;"> <br />
    </div>

    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;"> <br />
    </div>

    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Section 5 &#8211; Corporate Governance and Management</div>

    <div><br />
    </div>

    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Item 5.02.&#160; Departure of Directors or Certain Officers.</div>

    <div><br />
    </div>

    <div><br />
    </div>

    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">On February 21, 2023, Mr. James Rousey submitted a letter of resignation stating his desire to retire.&#160; In this regard, he retired as President of UTG,
      Inc. and its subsidiary, Universal Guaranty Life Insurance Company as well as his position as a Director of both entities.&#160; This was effective as of the date of the letter.</div>

    <div><br />
    </div>

    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">The Board of Directors of UTG, Inc. and Universal Guaranty Life Insurance Company formally accepted the resignation letter on February 22, 2023.&#160; Mr. Jess
      Correll, CEO and Chairman of the Board of the companies, will assume the title of President initially.</div>

    <div><br />
    </div>

    <div><br />
    </div>

    <div><br />
    </div>

    <div><br /></div>

    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">SIGNATURES</div>

    <div style="text-align: left; text-indent: 36pt; margin-top: 5pt; margin-bottom: 5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">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.</div>

    <div><br />
    </div>

    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">UTG, INC.</div>

    <div><br />
    </div>

    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">


  <tr>

    <td style="width: 7.86%; vertical-align: top;">
            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Date:</div>
          </td>

    <td style="width: 32.24%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">February 24, 2023</div>
          </td>

    <td style="width: 5.32%; vertical-align: top;">&#160;</td>

    <td style="width: 5.77%; vertical-align: top;">
            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">By:</div>
          </td>

    <td style="width: 48.8%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">/s/ Theodore C. Miller</div>
          </td>

  </tr>

  <tr>

    <td style="width: 7.86%; vertical-align: top;">&#160;</td>

    <td style="width: 32.24%; vertical-align: top;">&#160;</td>

    <td style="width: 5.32%; vertical-align: top;">&#160;</td>

    <td style="width: 5.77%; vertical-align: top;">&#160;</td>

    <td style="width: 48.8%; vertical-align: top;">
            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Theodore C. Miller</div>
          </td>

  </tr>

  <tr>

    <td style="width: 7.86%; vertical-align: top;">&#160;</td>

    <td style="width: 32.24%; vertical-align: top;">&#160;</td>

    <td style="width: 5.32%; vertical-align: top;">&#160;</td>

    <td style="width: 5.77%; vertical-align: top;">&#160;</td>

    <td style="width: 48.8%; vertical-align: top;">
            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Senior Vice President and Chief Financial Officer</div>
          </td>

  </tr>


</table>
    <div><br />
    </div>

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    </div>

    <div style="margin-bottom: 12pt;"><br />
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
February 21, 2023
UTG, INC
(Exact name of registrant as specified in its charter)
Delaware
0-16867
20-2907892
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
205 North Depot Street
Stanford
,
Kentucky
40484
(Address of principal executive offices, including zip code)
(
217
)
323-6300
(Registrant's telephone number, including area code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
        provisions (see General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities
        Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
        (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under
        the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under
        the Exchange Act (17 CFR 240.13e-4(c))
Section 5 – Corporate Governance and Management
Item 5.02.  Departure of Directors or Certain Officers.
On February 21, 2023, Mr. James Rousey submitted a letter of resignation stating his desire to retire.  In this regard, he retired as President of UTG,
      Inc. and its subsidiary, Universal Guaranty Life Insurance Company as well as his position as a Director of both entities.  This was effective as of the date of the letter.
The Board of Directors of UTG, Inc. and Universal Guaranty Life Insurance Company formally accepted the resignation letter on February 22, 2023.  Mr. Jess
      Correll, CEO and Chairman of the Board of the companies, will assume the title of President initially.
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.
UTG, INC.
Date:
February 24, 2023
By:
/s/ Theodore C. Miller
Theodore C. Miller
Senior Vice President and Chief Financial Officer