UFCS CFO has shares withheld for RSU taxes
United Fire Group Inc. Chief Financial Officer Eric J. Martin reported a routine tax-related share disposition.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,069 | $36.40 | $39K |
Footnotes (1)
- F1. Represents payment of tax liability by withholding shares incident to the vesting of restricted stock units ("RSU").
FAQ
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What insider transaction did UFCS CFO Eric J. Martin report?
Was the UFCS CFO’s Form 4 a stock sale on the open market?
What does transaction code F mean in the UFCS CFO’s Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.