Universal Corp (UVV) VP awarded 3,770 shares, surrenders 673 for tax withholding

Rhea-AI Filing Summary

UNIVERSAL CORP /VA/ VP & Controller Scott J. Bleicher reported equity compensation changes and related tax withholding. He received two grants of common stock totaling 3,770 shares, recorded at a price of $0.00 per share as awards, increasing his direct holdings.

The filing also shows 673 shares of common stock surrendered at $54.38 per share to cover withholding taxes tied to performance shares that vested on June 2, 2026. After these transactions, Bleicher directly holds 20,842 shares of Universal common stock, including restricted stock units and dividend equivalent units.

Insights

Equity compensation analyst

Routine stock awards and tax withholding with modest net share increase.

Scott J. Bleicher, VP & Controller of Universal Corp, reported stock-based compensation activity rather than open‑market trading. He received two common stock awards totaling 3,770 shares at $0.00 per share, typical of restricted stock or performance-based grants.

The filing shows 673 shares surrendered at $54.38 per share to satisfy withholding taxes on previously granted performance shares that vested on June 2, 2026. This F‑code disposition is not an open‑market sale. Following these events, his direct holdings are 20,842 shares, indicating a net increase from the awards.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Bleicher Scott J

Role VP & Controller

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,210	$0.00	--
Grant/Award	Common Stock	1,560	$0.00	--
Tax Withholding	Common Stock	673	$54.38	$37K

Holdings After Transaction: Common Stock — 19,282 shares (Direct, null)

Footnotes (1)

1. Award of restricted stock units. The restricted stock units vest on the third anniversary of the award date. Includes 10,250 restricted stock units and 396 dividend equivalent units earned on the restricted stock units. Previously granted performance shares that vested on June 2, 2026. Shares of common stock surrendered to the Company to satisfy the withholding taxes relating to previously granted performance shares that vested on June 2, 2026.

Key Figures

Tax-withholding shares: 673 shares at $54.38 Stock award 1: 1,560 shares at $0.00 Stock award 2: 2,210 shares at $0.00 +2 more

5 metrics

Tax-withholding shares 673 shares at $54.38 Common stock surrendered to satisfy withholding taxes on June 2, 2026

Stock award 1 1,560 shares at $0.00 Common stock grant/award acquisition on June 2, 2026

Stock award 2 2,210 shares at $0.00 Common stock grant/award acquisition on June 2, 2026

Shares following transactions 20,842 shares Total direct holdings after reported transactions

Restricted stock units 10,250 RSUs and 396 DEUs Included within total direct holdings as disclosed in footnotes

Key Terms

restricted stock units, dividend equivalent units, performance shares, withholding taxes

4 terms

restricted stock units financial

"Award of restricted stock units. The restricted stock units vest on the third anniversary"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

dividend equivalent units financial

"Includes 10,250 restricted stock units and 396 dividend equivalent units earned"

Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.

performance shares financial

"Previously granted performance shares that vested on June 2, 2026."

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

withholding taxes financial

"Shares of common stock surrendered to the Company to satisfy the withholding taxes"

Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bleicher Scott J

(Last) (First) (Middle)

9201 FOREST HILL AVENUE

(Street)

RICHMOND VIRGINIA 23235

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
UNIVERSAL CORP /VA/ [ UVV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP & Controller

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/02/2026		A		2,210(1)	A	$0	19,282(2)	D
Common Stock	06/02/2026		A		1,560(3)	A	$0	20,842(2)	D
Common Stock	06/02/2026		F		673(4)	D	$54.38	20,169(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Award of restricted stock units. The restricted stock units vest on the third anniversary of the award date.

2. Includes 10,250 restricted stock units and 396 dividend equivalent units earned on the restricted stock units.

3. Previously granted performance shares that vested on June 2, 2026.

4. Shares of common stock surrendered to the Company to satisfy the withholding taxes relating to previously granted performance shares that vested on June 2, 2026.

	/s/ Catherine H. Claiborne, attorney-in-fact	06/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did UVV executive Scott J. Bleicher report?

Scott J. Bleicher reported stock-based compensation activity, not open-market trades. He received two common stock awards totaling 3,770 shares and surrendered 673 shares to cover tax withholding on previously granted performance shares that vested on June 2, 2026.

How many UVV shares did Scott J. Bleicher receive in awards?

Bleicher received 1,560 shares and 2,210 shares of Universal common stock as grants, totaling 3,770 shares. These A‑code transactions were recorded at $0.00 per share, reflecting equity compensation rather than cash purchases on the open market.

Why were 673 UVV shares disposed of in Scott J. Bleicher’s Form 4?

The 673 shares were surrendered to Universal to satisfy withholding taxes. They relate to previously granted performance shares that vested on June 2, 2026, and are coded F, indicating payment of tax liability rather than an open-market sale of common stock.

What are the vesting terms of Scott J. Bleicher’s new restricted stock units at UVV?

The filing states the awarded restricted stock units vest on the third anniversary of the award date. This means Bleicher must remain through that three-year period to receive the underlying shares, aligning his compensation with longer-term company performance and retention.

How many UVV shares does Scott J. Bleicher own after these transactions?

After the reported compensation awards and tax withholding, Bleicher directly holds 20,842 shares of Universal common stock. This total includes 10,250 restricted stock units and 396 dividend equivalent units earned on those restricted stock units, as disclosed in the footnotes.