Universal Corp (UVV) COO receives RSUs as shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Universal Corp Senior VP & COO Airton L. Hentschke reported equity compensation changes and related tax withholding on common stock. On June 2, 2026, he received two stock awards totaling 20,246 shares, including 9,481 restricted stock units that vest on the third anniversary of the award date.
The filing also shows 4,276 shares of common stock surrendered to the company at $54.38 per share to cover withholding taxes on previously granted performance shares that vested the same day. After these transactions, Hentschke directly holds 148,439 shares of Universal Corp common stock, including restricted stock units and related dividend equivalent units.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hentschke Airton L
Role
Senior VP & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,765 | $0.00 | -- |
| Grant/Award | Common Stock | 9,481 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,276 | $54.38 | $233K |
Holdings After Transaction:
Common Stock — 138,958 shares (Direct, null)
Footnotes (1)
- Award of restricted stock units. The restricted stock units vest on the third anniversary of the award date. Includes 44,555 restricted stock units and 2,804 dividend equivalent units earned on the restricted stock units. Previously granted performance shares that vested on June 2, 2026. Shares of common stock surrendered to the Company to satisfy the withholding taxes relating to previously granted performance shares that vested on June 2, 2026.
Key Figures
Tax-withholding shares: 4,276 shares at $54.38
RSU grant: 9,481 restricted stock units
Vested performance shares: 10,765 shares
+2 more
5 metrics
Tax-withholding shares
4,276 shares at $54.38
Common stock surrendered for withholding taxes on June 2, 2026
RSU grant
9,481 restricted stock units
Award vests on third anniversary of June 2, 2026
Vested performance shares
10,765 shares
Previously granted performance shares vested on June 2, 2026
Post-transaction holdings
148,439 shares
Total common stock directly held after transactions
Outstanding RSUs
44,555 restricted stock units
Included within total holdings, plus 2,804 dividend equivalents
Key Terms
restricted stock units, performance shares, dividend equivalent units, withholding taxes, +1 more
5 terms
restricted stock units financial
"Award of restricted stock units. The restricted stock units vest on the third anniversary"
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 44,555 restricted stock units and 2,804 dividend equivalent units earned"
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.
withholding taxes financial
"Shares of common stock surrendered to the Company to satisfy the withholding taxes relating"
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did UVV executive Airton H. Hentschke report?
Airton H. Hentschke reported equity awards and tax withholding in Universal Corp stock. He received two stock awards totaling 20,246 shares and surrendered 4,276 shares back to the company to satisfy withholding taxes on vested performance shares.
What restricted stock units did UVV grant to Airton H. Hentschke?
Universal Corp granted Airton H. Hentschke 9,481 restricted stock units on June 2, 2026. According to the filing, these restricted stock units vest on the third anniversary of the award date, providing equity-based compensation that settles in common stock when vested.
What other stock awards did UVV’s COO receive besides restricted stock units?
In addition to restricted stock units, Hentschke received 10,765 shares of common stock from previously granted performance shares that vested on June 2, 2026. These vested performance shares increased his equity position before the tax-withholding share surrender reported in the same filing.
Are the reported Universal Corp (UVV) transactions open-market buys or sells?
The reported transactions are compensation and tax-withholding related, not open-market trades. They include grants of restricted stock units and vested performance shares plus shares surrendered to Universal Corp to cover withholding taxes on those equity awards.