Universal Corp director awarded 2,650 RSUs
Schick Arthur J. Jr. reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Schick Arthur J. Jr. reported acquisition or exercise transactions in this Form 4 filing.
Universal Corp director Arthur J. Schick Jr. received a grant of 2,650 restricted stock units of common stock for board service. These units vest on the first anniversary of the award date. Following this award, his directly held position totals 11,467 shares, including shares from dividend equivalent units and the new restricted stock units.
Insider Trade Summary
Grant/Award: 2,650 shares
Grant/Award
1 txn
Insider
Schick Arthur J. Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 2,650 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 11,467 shares (Direct)
Footnotes (2)
- 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.
Key Figures
Restricted stock units awarded: 2,650 units
Shares following transaction: 11,467 shares
Transaction date: August 4, 2026
+1 more
4 metrics
Restricted stock units awarded
2,650 units
Award of restricted stock units for service as a director
Shares following transaction
11,467 shares
Directly held common stock after the RSU award
Transaction date
August 4, 2026
Date the restricted stock unit award was recorded
RSUs included as of filing
2,650 restricted stock units
Footnote states holdings include 2,650 restricted stock units as of filing
Key Terms
restricted stock units, dividend equivalent units, Form 4
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.
Form 4 regulatory
"Includes 2,650 restricted stock units as of the date this Form 4 is filed."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Universal Corp (UVV) report for Arthur J. Schick Jr.?
Universal Corp (UVV) reported that director Arthur J. Schick Jr. received a grant of 2,650 restricted stock units of common stock for his board service. The award is recorded as an acquisition and increased his directly held position to 11,467 shares after the transaction.
How do the new restricted stock units for Arthur J. Schick Jr. at UVV vest?
The 2,650 restricted stock units awarded to Arthur J. Schick Jr. vest on the first anniversary of the award date. This time-based vesting schedule links the value of the award to his continued service as a director over the year following the grant.
What is Arthur J. Schick Jr.’s total Universal Corp (UVV) holding after this Form 4 transaction?
After the reported transaction, Arthur J. Schick Jr. directly holds 11,467 shares of Universal Corp common stock. This figure includes shares resulting from dividend equivalent units earned on previously vested restricted stock units and also includes the newly awarded 2,650 restricted stock units.
What are the dividend equivalent units mentioned in Universal Corp (UVV)’s Form 4 footnotes?
The filing states that Schick’s holdings include shares resulting from dividend equivalent units earned on restricted stock units that vested on August 5, 2026. Those dividend equivalent units produced additional shares that are now part of his reported total of 11,467 shares.
Is the Universal Corp (UVV) award to Arthur J. Schick Jr. a market purchase of stock?
No. The transaction is coded as a grant, award, or other acquisition (code A) of 2,650 restricted stock units at a stated price of $0.00 per share. This classification reflects a compensatory stock award rather than an open-market purchase of Universal Corp shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
