Universal VP has shares withheld for tax obligations

Universal Corp (UVV) vice president and general counsel Catherine H. Claiborne reported a routine tax-withholding share disposition.

Accepted by SEC EDGAR 06/03/2026 - 06:40 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Universal Corp (UVV) vice president and general counsel Catherine H. Claiborne reported a routine tax-withholding share disposition. On June 1, 2026, 1,277 shares of common stock were surrendered to the company at $54.13 per share to satisfy withholding taxes on previously granted restricted stock units that vested that day.

This was not an open-market sale but a payment of tax liability in shares. After the transaction, Claiborne directly holds 28,241 common shares, which include 6,980 restricted stock units and 671 dividend equivalent units, as well as shares acquired through the company’s Dividend Reinvestment Plan.

Insider Trade Summary

Exercise Price or Tax Liability: 1,277 shares

Exercise Price or Tax Liability 1 txn

Insider Claiborne Catherine H

Role VP, Gen. Counsel & Secretary

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	1,277	$54.13	$69K

Holdings After Transaction: Common Stock — 28,241 shares (Direct)

Footnotes (3)

1. F1. Shares of common stock surrendered to the Company to satisfy the withholding taxes relating to previously granted restricted stock units that vested on June 1, 2026.
2. F2. Includes 6,980 restricted stock units and 671 dividend equivalent units earned on the restricted stock units.
3. F3. Includes shares not previously reported that were acquired through the Dividend Reinvestment Plan.

Key Figures

Shares surrendered for tax withholding: 1,277 shares Tax-withholding share price: $54.13 per share Shares held after transaction: 28,241 shares +3 more

6 metrics

Shares surrendered for tax withholding 1,277 shares Common stock surrendered on June 1, 2026

Tax-withholding share price $54.13 per share Value used for tax-withholding disposition

Shares held after transaction 28,241 shares Direct common stock holdings following disposition

Restricted stock units 6,980 units Restricted stock units included in holdings

Dividend equivalent units 671 units Dividend equivalent units earned on RSUs

Tax-withholding shares (summary) 1,277 shares TaxWithholdingShares in transaction summary

Key Terms

restricted stock units, withholding taxes, dividend equivalent units, Dividend Reinvestment Plan

4 terms

restricted stock units financial

"previously granted restricted stock units that vested on June 1, 2026"

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.

withholding taxes financial

"to satisfy the withholding taxes relating to previously granted restricted stock units"

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.

dividend equivalent units financial

"Includes 6,980 restricted stock units and 671 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.

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) report for Catherine H. Claiborne?

Universal Corp reported that Catherine H. Claiborne surrendered 1,277 common shares to the company. The shares were used to cover withholding taxes on restricted stock units that vested on June 1, 2026, a routine compensation-related transaction rather than an open-market sale.

Was the Universal Corp (UVV) insider transaction an open-market sale of shares?

No, the transaction was not an open-market sale. The 1,277 Universal Corp shares were surrendered back to the company to pay withholding taxes on vested restricted stock units, a standard mechanism for handling tax obligations on equity compensation awards.

How many Universal Corp (UVV) shares does Catherine H. Claiborne hold after the transaction?

After the tax-withholding share surrender, Catherine H. Claiborne directly holds 28,241 Universal Corp common shares. This figure includes 6,980 restricted stock units, 671 dividend equivalent units, and additional shares previously acquired through the company’s Dividend Reinvestment Plan.

What price per share was used for the Universal Corp (UVV) tax-withholding disposition?

The tax-withholding disposition used a price of $54.13 per Universal Corp common share. At this price, 1,277 shares were surrendered to the company to satisfy withholding taxes related to restricted stock units that vested on June 1, 2026.

What do the restricted stock units and dividend equivalent units represent for Universal Corp (UVV)?

Catherine H. Claiborne’s holdings include 6,980 restricted stock units and 671 dividend equivalent units in Universal Corp. Restricted stock units are deferred share awards, while dividend equivalent units mirror dividends on those awards until they convert into actual common shares.

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

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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^*

Claiborne Catherine H

(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, Gen. Counsel & Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

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	06/01/2026		F		1,277(1)	D	$54.13	28,241(2)(3)	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. Shares of common stock surrendered to the Company to satisfy the withholding taxes relating to previously granted restricted stock units that vested on June 1, 2026.

2. Includes 6,980 restricted stock units and 671 dividend equivalent units earned on the restricted stock units.

3. Includes shares not previously reported that were acquired through the Dividend Reinvestment Plan.

	/s/ Catherine H. Claiborne	06/03/2026
	** 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)