Universal Corp director granted 2,650 stock units
Universal Corp director Jacqueline T. Williams received an award of 2,650 restricted stock units of common stock on August 4, 2026 for service as a director.
Rhea-AI Filing Summary
Universal Corp director Jacqueline T. Williams received an award of 2,650 restricted stock units of common stock on August 4, 2026 for service as a director. The units vest on the first anniversary of the award date. After this grant, her directly held position reported was 19,179 common shares and units, which includes shares from dividend equivalent units that vested on August 5, 2026, the newly awarded 2,650 restricted stock units, and shares acquired through the Dividend Reinvestment Plan. The award was reported with a cash price of $0.0000 per share and was not indicated as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,650 shares
Grant/Award
1 txn
Insider
Williams Jacqueline T.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2, F3 | 2,650 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 19,179 shares (Direct)
Footnotes (3)
- F1. Award of 2,650 restricted stock units for service as a director. The restricted stock units vest on the first anniversary of the award date.
- F2. Includes shares resulting from dividend equivalent units earned on restricted stock units that vested on August 5, 2026. Includes 2,650 restricted stock units as of the date this Form 4 is filed.
- F3. Includes shares not previously reported that were acquired through the Dividend Reinvestment Plan.
Key Figures
Restricted stock units awarded: 2,650 units
Holdings after transaction: 19,179 shares and units
Award price per share: $0.0000 per share
+1 more
4 metrics
Restricted stock units awarded
2,650 units
Awarded to director on August 4, 2026 for board service
Holdings after transaction
19,179 shares and units
Direct position reported following the August 4, 2026 award
Award price per share
$0.0000 per share
Restricted stock unit award reported with no cash consideration per share
Dividend equivalent vesting date
August 5, 2026
Date on which referenced restricted stock units vested, generating dividend equivalent shares
Key Terms
restricted stock units, dividend equivalent units, Dividend Reinvestment Plan
3 terms
restricted stock units financial
"Award of 2,650 restricted stock units for service as a director."
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 shares resulting from dividend equivalent units earned on restricted stock units."
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.
Dividend Reinvestment Plan financial
"Includes shares not previously reported that were acquired through the Dividend Reinvestment Plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Universal Corp (UVV) director Jacqueline T. Williams report?
Jacqueline T. Williams reported receiving an award of 2,650 restricted stock units of Universal Corp common stock on August 4, 2026 for her service as a director, with no cash price per share disclosed for the award.
When do the 2,650 restricted stock units awarded to the Universal Corp (UVV) director vest?
The 2,650 restricted stock units awarded to Jacqueline T. Williams vest on the first anniversary of the award date. This means they vest exactly one year after August 4, 2026, according to the terms described in the footnote.
What are the dividend equivalent units mentioned in the Universal Corp (UVV) Form 4 filing?
Dividend equivalent units are credited in lieu of cash dividends on restricted stock units. The filing notes that Williams’ holdings include shares resulting from dividend equivalent units earned on restricted stock units that vested on August 5, 2026.
Were Jacqueline T. Williams’ Universal Corp (UVV) stock awards made under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not marked, meaning the reported award was not affirmed as being made under a Rule 10b5-1 trading plan. No separate footnote describes any trading arrangement for this grant.
What role does the Dividend Reinvestment Plan play in Jacqueline T. Williams’ Universal Corp (UVV) holdings?
The reported total of 19,179 shares and units includes shares that were acquired through the Dividend Reinvestment Plan. These were previously unreported shares now included in her direct holdings disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
