UTG Inc vice president gifts 1,500 shares of company stock
UTG Inc12/24/2025, described as 500 shares to each of his three children at a value of $59.80 per share.
Rhea-AI Filing Summary
UTG Inc12/24/2025, described as 500 shares to each of his three children at a value of $59.80 per share. After this transaction, he beneficially owns 43,894 shares directly. The filing classifies the event under transaction code "G," indicating a bona fide gift rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 1,500 | $59.80 | $90K |
Footnotes (1)
- F1. Gifted 500 shares to each of his 3 children. 1,500 shares total gifted at $59.80 per share.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did UTG Inc (UTGN) disclose in this Form 4?
A UTG Inc vice president reported a bona fide gift of 1,500 shares of common stock on 12/24/2025, recorded under transaction code "G".
Does the Form 4 indicate this UTG Inc (UTGN) trade was under a Rule 10b5-1 plan?
The form includes a checkbox for Rule 10b5-1 trading plans, but the excerpt does not show that this particular gift was designated under such a plan.
What is the role of the reporting person at UTG Inc (UTGN)?
The reporting person is identified as an officer of UTG Inc with the title of Vice President, and the Form 4 is filed for one reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.