United Fire Group (UFCS) exec withholds 721 shares for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
United Fire Group senior executive Brian Keith Rawlins reported a tax-withholding share disposition. On this Form 4, 721 shares of common stock were withheld at $38.86 per share to cover taxes upon vesting of restricted stock units. After this withholding, he directly holds 7,391 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rawlins Brian Keith
Role
SVP - Chief Claim Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 721 | $38.86 | $28K |
Holdings After Transaction:
Common Stock — 7,391 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did United Fire Group (UFCS) report for Brian Keith Rawlins?
United Fire Group reported that executive Brian Keith Rawlins had 721 common shares withheld to satisfy taxes upon vesting of restricted stock units. This Form 4 reflects a tax-withholding disposition, not an open-market purchase or sale of shares.
Was the United Fire Group (UFCS) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The Form 4 identifies it as a tax-withholding disposition, where 721 shares were withheld by the issuer to pay the executive’s tax liability upon vesting of restricted stock units.
What does transaction code F mean in the United Fire Group (UFCS) Form 4?
Transaction code F indicates payment of a tax liability or exercise price by delivering securities. Here, 721 United Fire Group common shares were withheld to cover taxes triggered by the vesting of restricted stock units held by the reporting executive.