United Fire Group (UFCS) withholds shares to cover RSU tax bill

Rhea-AI Filing Summary

United Fire Group Inc Chief Human Resources Officer Steven Dennis Hernandez reported a tax-withholding share disposition tied to equity compensation. On the RSU vesting date, 485 shares of Common Stock were withheld at $48.06 per share to cover tax liabilities rather than sold in the open market. After this automatic withholding, he directly holds 19,979 shares of Common Stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Hernandez Steven Dennis

Role Chief Human Resources Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	485	$48.06	$23K

Holdings After Transaction: Common Stock — 19,979 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 485 shares Withholding price: $48.06 per share Shares owned after transaction: 19,979 shares +2 more

5 metrics

Shares withheld for taxes 485 shares Tax withholding on RSU vesting, transaction code F

Withholding price $48.06 per share Value used for tax-withholding disposition

Shares owned after transaction 19,979 shares Direct Common Stock holdings following tax withholding

Transaction code F Payment of tax liability by delivering securities

Transaction direction dispose Tax-withholding disposition, not an open-market sale

Key Terms

restricted stock units ("RSU"), tax-withholding disposition, Common Stock, transaction code F

4 terms

restricted stock units ("RSU") financial

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

tax-withholding disposition financial

"transaction_action: tax-withholding disposition for payment of tax liability"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Common Stock financial

"security_title: Common Stock reported in the Form 4 transaction"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

transaction code F regulatory

"transaction_code_description: Payment of exercise price or tax liability by delivering securities"

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
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 IOWA 52401

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

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

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

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

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	05/15/2026		F(1)		485	D	$48.06	19,979	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	05/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did UFCS report for Steven Dennis Hernandez?

United Fire Group Inc reported that Steven Dennis Hernandez had 485 shares withheld to cover taxes on vested RSUs. This was a tax-withholding disposition, not an open-market buy or sell, and reflects routine handling of equity compensation obligations.

How many UFCS shares were used to pay taxes in this Form 4?

The Form 4 shows 485 shares of United Fire Group Inc Common Stock were withheld at $48.06 per share. These shares settled the tax liability arising from restricted stock units vesting, according to the disclosed transaction details and accompanying footnote.

Was the UFCS Form 4 transaction an open-market sale or purchase?

The transaction was not an open-market trade. It is coded “F,” meaning shares were withheld to satisfy tax obligations on vested restricted stock units, so it represents a mechanical tax-withholding disposition rather than a discretionary sale or purchase in the market.

How many UFCS shares does Steven Dennis Hernandez hold after this transaction?

Following the tax-withholding disposition, Steven Dennis Hernandez directly holds 19,979 shares of United Fire Group Inc Common Stock. This figure reflects his remaining direct ownership after 485 shares were withheld to cover taxes on the vesting RSUs disclosed in the filing.

What does the RSU footnote in the UFCS Form 4 explain?

The footnote explains that the 485 withheld shares represent payment of tax liability upon vesting of restricted stock units. It clarifies the shares were not sold for investment reasons but automatically withheld as part of United Fire Group’s equity compensation tax-settlement process.