UVV CFO awarded 22,417 restricted shares

UNIVERSAL CORP (UVV) Senior VP & CFO Steven S. Diel received an equity grant of 22,417 shares of common stock as a compensation award.

Rhea-AI Filing Summary

UNIVERSAL CORP (UVV) Senior VP & CFO Steven S. Diel received an equity grant of 22,417 shares of common stock as a compensation award. The award is in the form of restricted stock units that vest in substantially equal installments on the first, second, and third anniversaries of the grant date.

After this grant, Diel directly holds 29,459 shares of common stock, including 23,847 restricted stock units and 164 dividend equivalent units earned on those restricted stock units. This filing reflects a compensation-related acquisition, not an open-market purchase.

Insider Trade Summary

Grant/Award: 22,417 shares

Grant/Award 1 txn

Insider Diel Steven S.

Role Senior VP & CFO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	22,417	$0.00	$0.00

Holdings After Transaction: Common Stock — 29,459 shares (Direct)

Footnotes (2)

1. F1. Award of restricted stock units. The restricted stock units vest in substantially equal installments on the first, second and third anniversaries of the grant date.
2. F2. Includes 23,847 restricted stock units and 164 dividend equivalent units earned on the restricted stock units.

Key Figures

Equity award size: 22,417 shares Total holdings after grant: 29,459 shares Restricted stock units held: 23,847 units +2 more

5 metrics

Equity award size 22,417 shares Grant of restricted stock units to CFO Steven S. Diel

Total holdings after grant 29,459 shares Common stock directly held following the transaction

Restricted stock units held 23,847 units Restricted stock units included in post-transaction holdings

Dividend equivalent units 164 units Dividend equivalent units earned on restricted stock units

Vesting schedule 3 annual installments Vests on first, second and third anniversaries of grant date

Key Terms

restricted stock units, dividend equivalent units, grant date

3 terms

restricted stock units financial

"Award of restricted stock units. The restricted stock units vest in substantially equal installments"

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 23,847 restricted stock units and 164 dividend equivalent units earned on the 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.

grant date financial

"vest in substantially equal installments on the first, second and third anniversaries of the grant date."

The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did UVV Senior VP & CFO Steven S. Diel report in this Form 4?

Steven S. Diel reported receiving an award of 22,417 shares of Universal Corp common stock as restricted stock units. This is a compensation-related grant at no purchase price, not an open-market buy, and increases his directly held position in the company.

How many UVV shares does Steven S. Diel hold after this reported grant?

After the reported grant, Steven S. Diel directly holds 29,459 shares of Universal Corp common stock. This total includes restricted stock units and related dividend equivalent units as described in the filing footnotes, reflecting his updated equity position following the award.

How do Steven S. Diel’s UVV restricted stock units vest over time?

The restricted stock units granted to Steven S. Diel vest in substantially equal installments on the first, second and third anniversaries of the grant date. This three-year vesting schedule ties the award to continued service and long-term alignment with Universal Corp’s performance.

What portion of Steven S. Diel’s UVV holdings are restricted stock units?

The filing notes that Steven S. Diel’s holdings include 23,847 restricted stock units and 164 dividend equivalent units. These units form a significant part of his 29,459 total directly held Universal Corp common shares following the reported equity award transaction.

Was Steven S. Diel’s UVV Form 4 transaction an open-market purchase or sale?

The transaction was not an open-market purchase or sale. It is coded as a grant or award acquisition of 22,417 Universal Corp shares at a price of $0.0000 per share, reflecting stock-based compensation rather than a traded transaction in the market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/02/2026 - 06:38 PM Learn about SEC filing dates

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^*

Diel Steven S.

(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)
	Senior VP & CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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	04/01/2026		A		22,417(1)	A	$0	29,459(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 in substantially equal installments on the first, second and third anniversaries of the grant date.

2. Includes 23,847 restricted stock units and 164 dividend equivalent units earned on the restricted stock units.

	/s/ Catherine H. Claiborne, attorney-in-fact	04/02/2026
	** 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)