Universal Corp (UVV) VP awarded 4,670 restricted stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bleicher Scott J reported acquisition or exercise transactions in this Form 4 filing.
Universal Corp reported that VP & Controller Scott J. Bleicher received an award of 4,670 shares of its common stock in the form of restricted stock units. The units vest in two equal installments on the first and second anniversaries of the grant date. Following this grant, Bleicher holds 17,798 shares of common stock, including 9,640 restricted stock units and 559 dividend equivalent units earned on those units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bleicher Scott J
Role
VP & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,670 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 17,798 shares (Direct)
Footnotes (1)
- Award of restricted stock units. The restricted stock units vest in equal installments on the first and second anniversaries of the grant date. Includes 9,640 restricted stock units and 559 dividend equivalent units earned on the restricted stock units.
Key Figures
Restricted stock units granted: 4,670 shares
Total shares after transaction: 17,798 shares
Restricted stock units held: 9,640 units
+1 more
4 metrics
Restricted stock units granted
4,670 shares
Award to Scott J. Bleicher on reported grant date
Total shares after transaction
17,798 shares
Common stock held following the grant
Restricted stock units held
9,640 units
RSUs included in post-transaction holdings
Dividend equivalent units
559 units
Earned on restricted stock units
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 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 9,640 restricted stock units and 559 dividend equivalent units earned..."
grant date financial
"The restricted stock units vest in equal installments on the first and second 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
What insider transaction did UVV report for Scott J. Bleicher?
Scott J. Bleicher received an award of 4,670 restricted stock units of Universal Corp common stock. This is a compensation-related equity grant, not an open-market purchase or sale, increasing his overall share-based holdings in the company.
How do Scott J. Bleicher’s new restricted stock units at UVV vest?
The 4,670 restricted stock units vest in two equal installments on the first and second anniversaries of the grant date. This time-based vesting structure is designed to align his compensation with longer-term company performance and retention.
What portion of Scott J. Bleicher’s UVV holdings are restricted stock units?
His holdings include 9,640 restricted stock units, plus 559 dividend equivalent units earned on those units. These elements form a significant part of his total reported position of 17,798 Universal Corp common shares following the grant.