Universal VP gets stock awards, tax share surrender

Universal Corp VP, General Counsel & Secretary Catherine H. Claiborne reported compensation-related stock transactions in Universal Corp (UVV) common stock.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Universal Corp VP, General Counsel & Secretary Catherine H. Claiborne reported compensation-related stock transactions in Universal Corp (UVV) common stock. On June 2, 2026, she received two stock awards totaling 10,393 shares, consisting of grants and vesting of previously granted performance-based equity.

The filing shows 2,413 shares and 7,980 shares of common stock acquired at no cash cost to her, tied to restricted stock units and performance shares. On the same date, 1,041 shares were surrendered to the company at $54.38 per share to satisfy withholding taxes on vested performance shares.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Claiborne Catherine H

Role VP, Gen. Counsel & Secretary

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,980	$0.00	$0.00
Grant/Award	Common Stock	2,413	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	1,041	$54.38	$57K

Holdings After Transaction: Common Stock — 37,593 shares (Direct)

Footnotes (4)

F1. Award of restricted stock units. The restricted stock units vest on the third anniversary of the award date.
F2. Includes 14,960 restricted stock units and 671 dividend equivalent units earned on the restricted stock units.
F3. Previously granted performance shares that vested on June 2, 2026.
F4. 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: 1,041 shares at $54.38 Stock award 1: 2,413 shares Stock award 2: 7,980 shares +3 more

6 metrics

Tax-withholding shares 1,041 shares at $54.38 Shares surrendered to company for withholding taxes on vested performance shares

Stock award 1 2,413 shares Common stock acquired at $0.00 per share via grant/award

Stock award 2 7,980 shares Common stock acquired at $0.00 per share via grant/award

Total shares awarded 10,393 shares Sum of two common stock grants/awards on June 2, 2026

Restricted stock units 14,960 units Restricted stock units included in holdings per footnote

Dividend equivalent units 671 units Dividend equivalents earned on restricted stock units

Key Terms

restricted stock units, dividend equivalent units, performance shares, withholding taxes

4 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 14,960 restricted stock units and 671 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.

performance shares financial

"Previously granted performance shares that vested on June 2, 2026"

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

withholding taxes financial

"Shares of common stock surrendered to the Company to satisfy the withholding taxes"

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.

FAQ

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

What insider transactions did UVV executive Catherine H. Claiborne report?

Catherine H. Claiborne reported equity compensation events, receiving 2,413 and 7,980 UVV common shares as awards, and surrendering 1,041 shares to cover withholding taxes on vested performance shares granted earlier.

Were the UVV insider transactions open-market buys or sells?

The transactions were not open-market trades. Claiborne received stock through grants and vesting of prior performance shares, and surrendered 1,041 shares to Universal Corp to satisfy tax withholding obligations on those vested awards.

How many Universal Corp shares did Catherine Claiborne acquire in awards?

Claiborne acquired 2,413 and 7,980 shares of Universal Corp common stock through equity awards on June 2, 2026, reflecting restricted stock units and vested performance shares granted as part of her compensation package.

Why were 1,041 UVV shares surrendered by the Universal Corp executive?

1,041 shares of UVV common stock were surrendered back to Universal Corp to satisfy withholding taxes arising from previously granted performance shares that vested on June 2, 2026, a standard mechanism for covering tax liabilities on equity compensation.

What do the restricted stock unit awards to the UVV executive involve?

The award consists of restricted stock units that vest on the third anniversary of the award date. Footnotes indicate Claiborne’s holdings include 14,960 restricted stock units and 671 related dividend equivalent units earned on those restricted stock units.

Are the Universal Corp insider transactions likely routine compensation events?

Yes. The filing describes grants of restricted stock units and performance shares, along with a related tax-withholding share surrender. These are typical equity compensation and tax-settlement mechanisms rather than discretionary market purchases or sales of UVV shares.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/04/2026 - 06:11 PM

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)
06/02/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/02/2026		A		7,980⁽¹⁾	A	$0	36,221⁽²⁾	D
Common Stock	06/02/2026		A		2,413⁽³⁾	A	$0	38,634⁽²⁾	D
Common Stock	06/02/2026		F		1,041⁽⁴⁾	D	$54.38	37,593⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Award of restricted stock units. The restricted stock units vest on the third anniversary of the award date.

2. Includes 14,960 restricted stock units and 671 dividend equivalent units earned on the restricted stock units.

3. Previously granted performance shares that vested on June 2, 2026.

4. 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.

	/s/ Catherine H. Claiborne	06/04/2026
	** 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)

Source: View Original Filing on SEC EDGAR