Universal Corp (NYSE: UVV) grants director 2,650 restricted stock units
Rhea-AI Filing Summary
Tullidge Thomas H Jr reported acquisition or exercise transactions in this Form 4 filing.
Universal Corp director Thomas H. Tullidge Jr. received an award of 2,650 restricted stock units representing common stock on August 4, 2026 for service as a director. These units vest on the first anniversary of the award date and bring his reported direct holdings, including dividend-equivalent shares and RSUs, to 22,123 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,650 shares
Net Buy
1 txn
Insider
Tullidge Thomas H 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 — 22,123 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 restricted stock units
Award price per share: 0.0000 per share
Holdings after transaction: 22,123 units
+1 more
4 metrics
Restricted stock units awarded
2,650 restricted stock units
Grant to director Thomas H. Tullidge Jr. on August 4, 2026
Award price per share
0.0000 per share
Stated transaction price for the 2,650 restricted stock units
Holdings after transaction
22,123 units
Total direct holdings including dividend-equivalent shares and RSUs following the award
Dividend-equivalent vesting date
August 5, 2026
Date on which RSUs vested that generated dividend equivalent units included in holdings
Key Terms
restricted stock units, dividend equivalent units
2 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"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Universal Corp (UVV) report for Thomas H. Tullidge Jr.?
Universal Corp reported that director Thomas H. Tullidge Jr. received an award of 2,650 restricted stock units representing common stock on August 4, 2026, granted as compensation for his service on the board of directors.
How many restricted stock units did Universal Corp (UVV) grant and when do they vest?
The company granted 2,650 restricted stock units to director Thomas H. Tullidge Jr. These restricted stock units vest on the first anniversary of the award date, according to the disclosure, meaning they become deliverable after one year of service from grant.
What are Thomas H. Tullidge Jr.'s Universal Corp (UVV) holdings after this grant?
After the grant, Thomas H. Tullidge Jr.'s reported direct holdings total 22,123 units. This figure includes shares from dividend equivalent units on previously vested restricted stock units and also includes the 2,650 restricted stock units awarded in this transaction.
Was the Universal Corp (UVV) Form 4 transaction a market purchase or a compensation grant?
The reported transaction is a compensation grant, not an open-market purchase. It is coded as a grant or award, with 2,650 restricted stock units acquired at a stated price of $0.0000 per share, reflecting a non-cash equity award for director service.
Did the Universal Corp (UVV) filing mention dividend equivalent units?
Yes. The filing notes that reported holdings include shares resulting from dividend equivalent units earned on restricted stock units that vested on August 5, 2026. The total also includes the 2,650 restricted stock units outstanding as of the Form 4 filing date.