UFCS (UFCS) COO reports 1,692-share tax withholding on RSU vesting
Rhea-AI Filing Summary
UNITED FIRE GROUP INC Executive VP & COO Julie A. Stephenson reported a routine tax-withholding disposition of 1,692 shares of Common Stock at $36.40 per share. The shares were withheld to cover tax liabilities upon vesting of restricted stock units, and she now holds 54,484 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,692 shares
Net Sell
1 txn
Insider
Stephenson Julie A
Role
Executive VP & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,692 | $36.40 | $62K |
Holdings After Transaction:
Common Stock — 54,484 shares (Direct)
Footnotes (1)
- F1. Represents payment of tax liability by withholding shares incident to the vesting of restricted stock units ("RSU").
FAQ
What insider transaction did UFCS executive Julie A. Stephenson report on this Form 4?
Julie A. Stephenson reported a tax-related share disposition of 1,692 shares of UNITED FIRE GROUP INC Common Stock. The shares were withheld by the company to satisfy tax liabilities arising from the vesting of restricted stock units rather than sold in the open market.
What does transaction code F mean in the UFCS Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this UFCS filing, 1,692 shares were withheld from Julie A. Stephenson’s vested restricted stock units to cover tax obligations, rather than representing a discretionary share sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.