Were Eric J Martin’s UFCS share disposals open-market sales?

No, the disposals were tax-withholding transactions. A total of 900 and 623 UFCS shares were withheld at $37.72 per share to cover tax liabilities arising from vesting restricted stock units and performance stock units, rather than discretionary open-market sales.

UFCS (NASDAQ: UFCS) CFO gets stock award and withholds shares

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

UNITED FIRE GROUP INC reported that Chief Financial Officer Eric J Martin had multiple equity-related transactions in the company’s common stock on February 24, 2026. He received a grant/award acquisition of 2,212 shares at $37.72 per share, tied to a performance stock unit award vesting.

On the same date, 900 shares and 623 shares were disposed of at $37.72 per share through tax-withholding dispositions, representing shares withheld to satisfy tax liabilities upon the vesting of restricted stock units and performance stock units. After these line-item transactions, his directly owned share balances reported in the filing ranged from 33,166 to 35,378 shares of common stock.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Martin Eric J

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	900	$37.72	$34K
Grant/Award	Common Stock	2,212	$37.72	$83K
Tax Withholding	Common Stock	623	$37.72	$23K

Holdings After Transaction: Common Stock — 33,166 shares (Direct)

Footnotes (1)

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

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/25/2026 - 05:50 PM

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^*

Martin Eric J

(Last)

(First)

(Middle)

118 2ND AVE SE

(Street)

CEDAR RAPIDS

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 Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/24/2026		F⁽¹⁾		900	D	$37.72	33,166	D
Common Stock	02/24/2026		A⁽²⁾		2,212	A	$37.72	35,378	D
Common Stock	02/24/2026		F⁽³⁾		623	D	$37.72	34,755	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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

2. PSU award vesting

3. Represents payment of tax liability by withholding shares incident to the vesting of performance stock units ("PSU").

Remarks:

	Sarah Madsen, as attorney in fact for Martin Eric J	02/25/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did UFCS CFO Eric J Martin report on this Form 4?

UFCS Chief Financial Officer Eric J Martin reported a grant of 2,212 shares of common stock and two tax-withholding dispositions of 900 and 623 shares, all dated February 24, 2026, at a price of $37.72 per share.

What type of equity award did the UFCS CFO receive according to the Form 4?

The Form 4 shows a grant or award acquisition of 2,212 shares of UFCS common stock at $37.72 per share, identified in the footnotes as related to a performance stock unit (PSU) award vesting for Chief Financial Officer Eric J Martin.

How many UFCS shares did Eric J Martin hold after the reported transactions?

After the reported award and tax-withholding dispositions, Eric J Martin’s directly owned UFCS common stock balances in the individual transaction lines were reported as 33,166 shares, 35,378 shares, and 34,755 shares, reflecting the sequence of equity award vesting and associated tax withholdings.

What do the tax-withholding dispositions on the UFCS Form 4 indicate?

The tax-withholding dispositions indicate that 900 and 623 UFCS shares were withheld to pay tax liabilities. Footnotes explain these relate to the vesting of restricted stock units and performance stock units, a common method for satisfying taxes on equity compensation.