UFCS (UFCS) HR chief withholds 542 shares to cover RSU taxes
Rhea-AI Filing Summary
UNITED FIRE GROUP INC Chief Human Resources Officer Steven Dennis Hernandez reported a Form 4 transaction involving company common stock. On the vesting of restricted stock units, 542 shares were disposed of at $38.53 per share to cover tax liabilities, leaving him with 23,322 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 542 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 | 542 | $38.53 | $21K |
Holdings After Transaction:
Common Stock — 23,322 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 Steven Dennis Hernandez report?
Steven Dennis Hernandez reported a disposition of 542 shares of UNITED FIRE GROUP INC common stock. The shares were withheld on RSU vesting at $38.53 per share to satisfy tax liability, as reflected in his Form 4 filing.
What does transaction code F mean in the UFCS Form 4 filing?
Transaction code F indicates payment of a tax liability or exercise price by delivering or withholding securities. In this UFCS filing, 542 shares were withheld upon restricted stock unit vesting to satisfy tax obligations for executive Steven Dennis Hernandez.
AI-generated analysis. How Rhea-AI works. Not financial advice.