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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: 10pt;">Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</div>

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        <div style="text-align: center; font-size: 10pt;">Date of Report (Date of Earliest Event Reported): <ix:nonNumeric name="dei:DocumentPeriodEndDate" id="Fact_917442fed89c40ddb91bf60d089110da" contextRef="c20211216to20211216" format="ixt:datemonthdayyearen">December 16, 2021</ix:nonNumeric></div>

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        <div style="text-align: center; font-size: 10pt; font-weight: bold;">(<ix:nonNumeric name="dei:CityAreaCode" id="Fact_4c265cff36114788b2d7e918d93d50fb" contextRef="c20211216to20211216">217</ix:nonNumeric>) <ix:nonNumeric name="dei:LocalPhoneNumber" id="Fact_42e2a0f83a8944c2b3790178c58a583b" contextRef="c20211216to20211216">323-6300</ix:nonNumeric></div>

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

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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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    <td style="text-align: left; vertical-align: top; width: auto;">
                    <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; 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 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; Compensatory Arrangements of Certain Officers.</div>

          <div><br />
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          <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">At a meeting of the Compensation Committee of the Board of Directors on December 15, 2021, salary increases were approved for the below executive
            officers of the Company.&#160; The new salary for each becomes effective January 1, 2022.</div>

          <div><br />
          </div>

          <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Mr. Jess T. Correll, CEO, annual increase of $22,500 making his new annual salary $217,500.</div>

          <div><br />
          </div>

          <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Mr. Douglas P. Ditto, Vice President, annual increase of $26,250 making his new annual salary $187,500.</div>

          <div><br />
          </div>

          <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Mr. James P. Rousey, President, annual increase of $15,000 making his new annual salary $130,000.</div>

          <div><br />
          </div>

          <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Mr. Theodore C. Miller, CFO, annual increase of $17,500 making his new annual salary $112,500.</div>

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          <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Messrs. Correll and Rousey are members of the Board of Directors but are not members of the Compensation Committee.&#160; The Company continues to have
            neither written employment agreements nor oral arrangements with any of its corporate officers.</div>

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          <br />
          <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 />
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          <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">UTG, INC.</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 16, 2021</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>

  </tr>

  <tr>

    <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>
                </td>

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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 16, 2021
UTG, INC
(Exact Name of Registrant as Specified in Its Charter)
0-16867
(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
)
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:
☐
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.  Compensatory Arrangements of Certain Officers.
At a meeting of the Compensation Committee of the Board of Directors on December 15, 2021, salary increases were approved for the below executive
            officers of the Company.  The new salary for each becomes effective January 1, 2022.
Mr. Jess T. Correll, CEO, annual increase of $22,500 making his new annual salary $217,500.
Mr. Douglas P. Ditto, Vice President, annual increase of $26,250 making his new annual salary $187,500.
Mr. James P. Rousey, President, annual increase of $15,000 making his new annual salary $130,000.
Mr. Theodore C. Miller, CFO, annual increase of $17,500 making his new annual salary $112,500.
Messrs. Correll and Rousey are members of the Board of Directors but are not members of the Compensation Committee.  The Company continues to have
            neither written employment agreements nor oral arrangements with any of its corporate officers.
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 16, 2021
By:
/s/ Theodore C. Miller
Theodore C. Miller
Senior Vice President and Chief Financial Officer