UTG Inc holder buys 4,808 shares at $59 each
UTG INC (UTGN) reported that major shareholder First Southern Funding LLC purchased 4,808 shares of common stock on August 18, 2026 at $59.00 per share.
Rhea-AI Filing Summary
UTG INC (UTGN) reported that major shareholder First Southern Funding LLC purchased 4,808 shares of common stock on August 18, 2026 at $59.00 per share. Following this open-market purchase, First Southern Funding LLC directly holds 496,615 shares, and is also reported to have 1,201,876 shares held indirectly through First Southern Holdings, LLC, for which it disclaims beneficial ownership except to the extent of its pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,808 shares
Net Buy
2 txns
Insider
FIRST SOUTHERN FUNDING LLC
Role
10% Owner
Bought
4,808 shs ($284K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4,808 | $59.00 | $284K |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 496,615 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: 4,808 shares
Purchase price: $59.00 per share
Direct holdings after transaction: 496,615 shares
+2 more
5 metrics
Shares purchased
4,808 shares
Common Stock purchased on August 18, 2026
Purchase price
$59.00 per share
Price for the 4,808-share Common Stock purchase
Direct holdings after transaction
496,615 shares
Common Stock directly held by First Southern Funding LLC after the purchase
Indirect holdings
1,201,876 shares
Common Stock held indirectly by First Southern Holdings, LLC
Net buy shares
4,808 shares
Net buy-sell activity reported in this Form 4
Key Terms
ten percent owner, indirect, pecuniary interest, open market
4 terms
ten percent owner regulatory
"First Southern Funding LLC is identified as a ten percent owner"
indirect financial
"shares are held indirectly by First Southern Holdings, LLC"
pecuniary interest financial
"disclaims beneficial ownership except to the extent of its pecuniary interest"
open market financial
"Purchase in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
FAQ
What insider transaction did UTGN report for First Southern Funding LLC on August 18, 2026?
UTGN reported that First Southern Funding LLC purchased 4,808 shares of UTG INC common stock on August 18, 2026 at $59.00 per share. This was an open-market or private purchase coded as a Form 4 transaction type P.
Was the UTGN insider purchase by First Southern Funding LLC made under a Rule 10b5-1 plan?
No, the Form 4 for UTGN shows the Rule 10b5-1 checkbox as not affirmatively checked, and there is no footnote stating the trade was made under a Rule 10b5-1 trading plan. The purchase is reported simply as an open-market or private transaction.
Is First Southern Funding LLC a ten percent owner of UTG INC (UTGN)?
Yes, First Southern Funding LLC is identified as a ten percent owner of UTG INC on the Form 4. This status reflects that it beneficially owns more than 10% of UTGN equity securities, which triggers ongoing Section 16 reporting obligations for its transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
