First Southern Funding buys 1,000 UTG Inc shares
UTG INC (UTGN) reported that large shareholder First Southern Funding LLC purchased 1,000 shares of common stock on August 27, 2026 at $59.75 per share.
Rhea-AI Filing Summary
UTG INC (UTGN) reported that large shareholder First Southern Funding LLC purchased 1,000 shares of common stock on August 27, 2026 at $59.75 per share. Following this open-market purchase, it directly holds 497,615 UTG shares and is also reported as having indirect ownership of 1,201,876 shares through First Southern Holdings, LLC, for which beneficial ownership is disclaimed except for its pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
2 txns
Insider
FIRST SOUTHERN FUNDING LLC
Role
10% Owner
Bought
1,000 shs ($60K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $59.75 | $60K |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 497,615 shares (Direct);
Common Stock — 1,201,876 shares (Indirect, By First Southern Holdings, LLC.)
Footnotes (1)
- F1. The reporting person is a member of First Southern Holdings, LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.
Key Figures
Shares purchased: 1,000 shares of Common Stock
Purchase price per share: $59.75 per share
Direct holdings after transaction: 497,615 shares of Common Stock
+1 more
4 metrics
Shares purchased
1,000 shares of Common Stock
Purchase on August 27, 2026
Purchase price per share
$59.75 per share
Open-market or private purchase on August 27, 2026
Direct holdings after transaction
497,615 shares of Common Stock
Directly owned by First Southern Funding LLC following the purchase
Indirect holdings reported
1,201,876 shares of Common Stock
Indirectly owned by First Southern Holdings, LLC, with beneficial ownership disclaimed except for pecuniary interest
Key Terms
ten percent owner, indirect ownership, beneficial ownership, pecuniary interest
4 terms
ten percent owner regulatory
"the reporting person is identified as a ten percent owner of UTG INC"
indirect ownership financial
"total shares following transaction reported as indirect ownership by First Southern Holdings, LLC"
beneficial ownership regulatory
"disclaims beneficial ownership of the reported securities except to the extent"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest"
FAQ
What insider transaction did UTGN disclose in this Form 4?
UTG INC disclosed that First Southern Funding LLC purchased 1,000 shares of UTG common stock on August 27, 2026 in an open-market or private transaction at a price of $59.75 per share, increasing its directly held position.
What indirect UTGN holdings are reported for First Southern Funding LLC?
The filing reports 1,201,876 shares of UTG INC common stock as indirectly owned, held by First Southern Holdings, LLC. First Southern Funding LLC is a member of that entity and disclaims beneficial ownership except to the extent of its pecuniary interest.
Who is the reporting person in the UTGN Form 4 and what is their status?
The reporting person is First Southern Funding LLC, identified as a ten percent owner of UTG INC. It reported both a direct purchase of shares and an indirect ownership position held through First Southern Holdings, LLC.
What does the beneficial ownership disclaimer mean in this UTGN filing?
The filing states that First Southern Funding LLC, as a member of First Southern Holdings, LLC, disclaims beneficial ownership of the indirectly held UTG shares, except to the extent of its pecuniary interest, meaning only its economic interest in those shares is acknowledged.
AI-generated analysis. How Rhea-AI works. Not financial advice.
