Universal Corp (UVV) Notice: 10,000 Shares Proposed Sale on NYSE
Rhea-AI Filing Summary
Universal Corporation (UVV) notice of proposed sale: an individual plans to sell 10,000 common shares on or about 08/26/2025 on the NYSE with an aggregate market value reported as $554,458.00. The filing shows the shares were acquired from the issuer as equity compensation: 6,999 performance shares granted on 05/30/2025 and 3,001 restricted stock awards granted on 06/02/2025, with payment characterized as equity compensation. The filer reports 24,886,204 shares outstanding for the class and indicates no sales by the same person in the prior three months.
Positive
- None.
Negative
- None.
Insights
TL;DR: An insider plans a routine sale of recently issued equity compensation totaling 10,000 shares; not necessarily material to UVV's operations.
The notice documents a proposed sale of equity compensation shortly after grant dates, which is common when recipients liquidate portions of awards for diversification or tax purposes. The filer certifies no undisclosed material information. Because the position represents a small fraction of the reported 24.9 million shares outstanding (about 0.04%), the direct governance impact appears limited. However, observers often monitor timing relative to grant dates and any trading plans, which are not detailed here.
TL;DR: The transaction size ($554,458) is modest relative to typical market capitalization and likely neutral for price impact.
The filing reports an approximate market value of $554,458 for 10,000 shares to be sold on the NYSE around 08/26/2025. Acquisition entries show awards granted on 05/30/2025 and 06/02/2025, classified as equity compensation. No prior sales by this person in the past three months were reported. Given the small share count versus the issuer's outstanding common shares, the sale is unlikely to materially affect liquidity or valuation on its own.