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United Fire Group (UFCS) CFO uses 1,069 shares to cover RSU taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

United Fire Group Inc. Chief Financial Officer Eric J. Martin reported a routine tax-related share disposition. On the vesting of restricted stock units, 1,069 shares of common stock were withheld at $36.40 per share to cover tax liabilities, rather than being sold in the open market.

After this withholding, Martin directly holds 33,686 shares of United Fire Group common stock. This type of Form 4 transaction reflects automatic tax withholding on equity compensation, not a discretionary buy or sell decision about the company’s stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4UNITED 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 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock03/20/2026F(1)1,069D$36.433,686D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 Martin Eric J03/23/2026
** Signature of Reporting PersonDate
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 CFO Eric J. Martin report?

United Fire Group (UFCS) CFO Eric J. Martin reported a tax-related share disposition. When his restricted stock units vested, 1,069 common shares were withheld to pay taxes, leaving him with 33,686 directly held shares after the transaction.

Was the UFCS CFO’s Form 4 a stock sale on the open market?

No, the UFCS CFO’s Form 4 did not report an open-market stock sale. The filing shows an F-code transaction, meaning 1,069 shares were withheld by the company to satisfy tax liability from restricted stock unit vesting.

How many UFCS shares were withheld for the CFO’s tax obligations?

The Form 4 shows that 1,069 shares of United Fire Group common stock were withheld. These shares covered Eric J. Martin’s tax liability arising from restricted stock unit vesting, at a reported price of $36.40 per share for this tax-withholding transaction.

How many UFCS shares does the CFO hold after this Form 4 transaction?

Following the tax-withholding disposition, the CFO directly holds 33,686 shares of United Fire Group common stock. This figure reflects his remaining direct ownership after 1,069 shares were withheld to satisfy taxes on the vesting restricted stock units.

What does transaction code F mean in the UFCS CFO’s Form 4 filing?

Transaction code F indicates payment of tax liability by delivering or withholding securities. In this UFCS filing, 1,069 shares were withheld when restricted stock units vested, covering Eric J. Martin’s taxes rather than representing a voluntary sale into the market.
United Fire Group Inc

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UFCS Stock Data

940.49M
20.93M
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
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United States
CEDAR RAPIDS