United Fire Group (UFCS) HR chief has RSU taxes paid via share withholding

Rhea-AI Filing Summary

United Fire Group Inc. Chief Human Resources Officer Steven Dennis Hernandez reported a tax-related share disposition tied to vesting of restricted stock units. The filing shows 2,858 shares of common stock were withheld at $36.87 per share to cover tax liability. After this non‑market transaction, he directly holds 20,464 common shares. The footnote clarifies this was payment of tax liability by withholding shares on RSU vesting, rather than an open‑market sale.

Insider Trade Summary

Net Seller: 2,858 shares

Net Sell 1 txn

Insider Hernandez Steven Dennis

Role Chief Human Resources Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	2,858	$36.87	$105K

Holdings After Transaction: Common Stock — 20,464 shares (Direct)

Footnotes (1)

1. F1. Represents payment of tax liability by withholding shares incident to the vesting of restricted stock units ("RSU").

FAQ

What did United Fire Group (UFCS) executive Steven Hernandez report on this Form 4?

Steven Hernandez reported a tax-related share disposition. The company withheld 2,858 United Fire Group common shares at $36.87 each to settle tax liability when restricted stock units vested, rather than Hernandez selling shares on the open market.

How many United Fire Group (UFCS) shares were withheld for taxes from Steven Hernandez?

The filing shows 2,858 United Fire Group common shares were withheld. These shares were retained by the company to cover Steven Hernandez’s tax obligations arising from restricted stock unit vesting, instead of a cash payment, which is a common administrative mechanism.

Was this United Fire Group (UFCS) Form 4 an open-market sale by Steven Hernandez?

No, it was not an open-market sale. The Form 4 describes a tax-withholding disposition where 2,858 shares were withheld by United Fire Group when restricted stock units vested, to satisfy tax liability, rather than Hernandez choosing to sell shares in the market.

How many United Fire Group (UFCS) shares does Steven Hernandez hold after this transaction?

After the tax-withholding transaction, Steven Hernandez directly holds 20,464 United Fire Group common shares. This figure reflects his remaining position after 2,858 shares were withheld by the company to pay taxes related to vested restricted stock units.

What does transaction code "F" mean in the United Fire Group (UFCS) Form 4?

Transaction code “F” indicates a tax-withholding disposition. In this United Fire Group filing, it shows shares were withheld by the issuer to pay tax liability tied to restricted stock unit vesting, rather than a voluntary share sale by the reporting person.

What role does Steven Hernandez hold at United Fire Group (UFCS) in this Form 4?

Steven Hernandez is identified as Chief Human Resources Officer. The Form 4 reports his equity-related tax-withholding event, where United Fire Group withheld common shares upon restricted stock unit vesting to satisfy his associated tax obligations instead of requiring separate cash payment.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/16/2026 - 01:57 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hernandez Steven Dennis

(Last) (First) (Middle)

118 SECOND AVE SE

(Street)

CEDAR RAPIDS IA 52401

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
UNITED FIRE GROUP INC [ UFCS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Human Resources Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/15/2026		F(1)		2,858	D	$36.87	20,464	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents payment of tax liability by withholding shares incident to the vesting of restricted stock units ("RSU").

Remarks:

	Sarah Madsen, as attorney in fact for Hernandez Steven	03/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.