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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;">Washington, D.C. 20549</div>

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          <div style="text-align: center; font-size: 18pt; font-weight: bold;">FORM <ix:nonNumeric name="dei:DocumentType" id="Fact_37b247025200439ebf5c6463c9b3462a" contextRef="c20241227to20241227">8-K</ix:nonNumeric></div>

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          <div style="text-align: center; font-size: 10pt;">Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</div>
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          &#160; <br/></div>

          <div style="text-align: center; font-size: 10pt;">Date of Report (Date of Earliest Event Reported): <ix:nonNumeric name="dei:DocumentPeriodEndDate" id="Fact_8a583cbfb78246be9ca3c118d102dbb5" contextRef="c20241227to20241227" format="ixt:date-monthname-day-year-en">December 27, 2024</ix:nonNumeric></div>

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          <div style="text-align: center; font-size: 10pt;">(Exact Name of Registrant as Specified in Its Charter)</div>

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          <div style="text-align: center; font-size: 10pt; font-weight: bold;"><ix:nonNumeric name="dei:EntityFileNumber" id="Fact_fa3a33d19bca4468b2d31a53e460d263" contextRef="c20241227to20241227">000-16867</ix:nonNumeric></div>

          <div style="text-align: center; font-size: 10pt;">(Commission File Number)</div>

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          <div style="text-align: center; font-size: 10pt; font-weight: bold;"><ix:nonNumeric name="dei:EntityAddressAddressLine1" id="Fact_b9e74659509744ecb96404e68ae54146" contextRef="c20241227to20241227">205 NORTH DEPOT STREET</ix:nonNumeric></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_719ae14e93154e17bf9ea7cdf344331d" contextRef="c20241227to20241227">217</ix:nonNumeric>) <ix:nonNumeric name="dei:LocalPhoneNumber" id="Fact_acc4a21498d34a25b76826094275a8c1" contextRef="c20241227to20241227">241-6300</ix:nonNumeric></div>

          <div style="text-align: center; font-size: 10pt;">(Registrant&#8217;s telephone number, including area code)</div>

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          <div style="text-align: center; font-size: 10pt; font-weight: bold;">NOT APPLICABLE</div>

          <div style="text-align: center; font-size: 10pt;">(Former name or former address, if changed since last report)</div>

          <div><br/>
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          <div style="text-align: left; 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: </div>

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                      <div style="text-align: left; font-size: 10pt;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</div>
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    <td style="text-align: left; vertical-align: top; width: auto;">
                      <div style="text-align: left; font-size: 10pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</div>
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                      <div style="text-align: left; font-size: 10pt;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</div>
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                      <div style="text-align: left;"><ix:nonNumeric name="dei:PreCommencementIssuerTenderOffer" id="Fact_7a3fd3cf685e44cb91b76f74b87111aa" contextRef="c20241227to20241227" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric><br/>
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    <td style="text-align: left; vertical-align: top; width: auto;">
                      <div style="text-align: left; font-size: 10pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</div>
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          <div>Securities registered pursuant to Section 12(b) of the Act:</div>

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                  <div style="font-weight: bold;">Title of each class</div>
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    <td style="width: 2%; vertical-align: bottom;">&#160;</td>

    <td style="width: 14%; vertical-align: bottom; font-size: 10pt; border-bottom: 2px solid #000000;">
                  <div style="font-weight: bold;">Trading</div>
                  <div style="font-weight: bold;">Symbol(s)</div>
                </td>

    <td style="width: 2%; vertical-align: bottom;">&#160;</td>

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                  <div style="font-size: 10pt; font-weight: bold;">Name of each exchange on which registered</div>
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          <div style="text-align: left; font-size: 10pt;"> Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
            Act of 1934 (&#167;240.12b-2 of this chapter): </div>

          <div><br/>
          </div>

          <div style="text-align: left; font-size: 10pt;">Emerging growth company <ix:nonNumeric name="dei:EntityEmergingGrowthCompany" id="Fact_9a6dff43ed064b98973c68dcd0faebb7" contextRef="c20241227to20241227" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></div>

          <div><br/>
          </div>

          <div style="text-align: left; font-size: 10pt;"> If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
            provided pursuant to Section 13(a) of the Exchange Act. &#9744; </div>

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    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Section 8 &#8211; Other Events</div>

    <div><br/>
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    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Item 8.01.&#160; Other Events.</div>

    <div><br/>
    </div>

    <div><br/>
    </div>

    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 12pt;"><span style="font-size: 12pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Stock Repurchase Program</span>&#160;&#8211; The Board of Directors of
      UTG, Inc. (the &#8220;Company&#8221;) has authorized the repurchase in the open market or in privately negotiated transactions of shares of the Company&#8217;s common stock. As previously authorized, open market purchases are made based on the last available market
      price but may be limited. Company Management has broad authority to operate the program, including the discretion of whether to purchase shares and the ability to suspend or terminate the repurchase program.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Management suspended repurchases under the program on November 1, 2024, as reported in the Company&#8217;s Form 10-Q for the quarter ended September 30, 2024. At
      meetings held on December 11 and 27, 2024, the Board of Directors of the Company reinstituted the repurchase program and authorized an additional $1,000,000 for the repurchase of shares under the program. As reinstituted and updated by the Board of
      Directors, the Company is authorized to repurchase up to $23 million of the Company&#8217;s common stock in the open market or in privately negotiated transactions. Through&#160;December 26, 2024, the Company has spent&#160;$20,839,555&#160;in the acquisition
      of&#160;1,380,820&#160;shares, leaving $2,160,445 available for the repurchase of additional shares under this program.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">At its meeting on December 27, 2024, the Board of Directors of the Company also authorized the adoption of a trading plan pursuant to which shares of the
      Company&#8217;s common stock may be repurchased in the open market as a part of the Company&#8217;s repurchase program. The trading plan will be executed in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. Repurchases pursuant
      to a trading plan under Rule 10b5-1 are permitted when the Company might otherwise be precluded from doing so because of self-imposed trading blackout periods or other regulatory restrictions. A broker selected by the Company has been delegated the
      authority to repurchase shares on the Company&#8217;s behalf in the open market pursuant to this trading plan, subject to certain price, market volume and timing constraints specified in the trading plan. The trading plan authorized by the Board of
      Directors of the Company is scheduled to expire on December 31, 2025, though it may be amended or terminated by the Company at any time.</div>

    <div><br/>
    </div>

    <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">The Company&#8217;s stock repurchase program described in this report is subject to amendment or termination by the Board of Directors of the Company, in its
      sole discretion and without prior notice. The Board of Directors&#8217; authorization of the repurchase program and the adoption of a trading plan do not obligate the Company to repurchase any particular number or amount of shares of the Company's common
      stock.</div>

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            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 8pt;">101832933.1</div>
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    <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>

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

    <td style="width: 32.26%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">December 27, 2024</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: 48.78%; 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>

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

    <td style="width: 32.26%; 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: 48.78%; vertical-align: top;">
            <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Theodore C. Miller</div>
          </td>

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

    <td style="width: 32.26%; 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: 48.78%; 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>
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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):
December 27, 2024
UTG INC
(Exact Name of Registrant as Specified in Its Charter)
000-16867
(Commission File Number)
Delaware
20-2907892
(State or Other Jurisdiction of Incorporation)
(I.R.S. Employer Identification No.)
205 NORTH DEPOT STREET
STANFORD
,
Kentucky
40484
(Address of principal executive offices, including zip code)
(
217
)
241-6300
(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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
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Trading
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
            Act of 1934 (§240.12b-2 of this chapter):
Emerging growth company
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
            provided pursuant to Section 13(a) of the Exchange Act. ☐
Section 8 – Other Events
Item 8.01.  Other Events.
Stock Repurchase Program
– The Board of Directors of
      UTG, Inc. (the "Company") has authorized the repurchase in the open market or in privately negotiated transactions of shares of the Company's common stock. As previously authorized, open market purchases are made based on the last available market
      price but may be limited. Company Management has broad authority to operate the program, including the discretion of whether to purchase shares and the ability to suspend or terminate the repurchase program.
Management suspended repurchases under the program on November 1, 2024, as reported in the Company's Form 10-Q for the quarter ended September 30, 2024. At
      meetings held on December 11 and 27, 2024, the Board of Directors of the Company reinstituted the repurchase program and authorized an additional $1,000,000 for the repurchase of shares under the program. As reinstituted and updated by the Board of
      Directors, the Company is authorized to repurchase up to $23 million of the Company's common stock in the open market or in privately negotiated transactions. Through December 26, 2024, the Company has spent $20,839,555 in the acquisition
      of 1,380,820 shares, leaving $2,160,445 available for the repurchase of additional shares under this program.
At its meeting on December 27, 2024, the Board of Directors of the Company also authorized the adoption of a trading plan pursuant to which shares of the
      Company's common stock may be repurchased in the open market as a part of the Company's repurchase program. The trading plan will be executed in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. Repurchases pursuant
      to a trading plan under Rule 10b5-1 are permitted when the Company might otherwise be precluded from doing so because of self-imposed trading blackout periods or other regulatory restrictions. A broker selected by the Company has been delegated the
      authority to repurchase shares on the Company's behalf in the open market pursuant to this trading plan, subject to certain price, market volume and timing constraints specified in the trading plan. The trading plan authorized by the Board of
      Directors of the Company is scheduled to expire on December 31, 2025, though it may be amended or terminated by the Company at any time.
The Company's stock repurchase program described in this report is subject to amendment or termination by the Board of Directors of the Company, in its
      sole discretion and without prior notice. The Board of Directors' authorization of the repurchase program and the adoption of a trading plan do not obligate the Company to repurchase any particular number or amount of shares of the Company's common
      stock.
101832933.1
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:
December 27, 2024
By:
/s/ Theodore C. Miller
Theodore C. Miller
Senior Vice President and Chief Financial Officer