UVV Form 4: Director Disposes 4,617 Shares; Retains RSUs and Restricted Stock

Rhea-AI Filing Summary

Universal Corporation director Robert C. Sledd reported a sale of company stock while retaining a meaningful stake. On 08/15/2025 he disposed of 4,617 shares at $53.25 per share, reducing his direct holdings but leaving him with 15,698 shares in total. The remaining stake includes 2,290 restricted stock units and 1,950 shares of restricted stock, indicating part of his ownership is subject to vesting or transfer restrictions. The Form 4 shows this was an individual filing by a director and identifies the transaction as a sell of common stock.

Positive

• Director retains a material stake: 15,698 shares remain beneficially owned after the sale, including restricted stock and RSUs, indicating continued alignment with shareholders
• Transparency: Transaction reported on Form 4 as required, providing clear, itemized disclosure of shares sold and remaining holdings

Negative

• Insider sale of 4,617 shares: The director disposed of 4,617 shares at $53.25, which could be viewed negatively by some investors monitoring insider selling activity

Insights

Securities Analyst

TL;DR: Insider sale by a director of 4,617 shares at $53.25; director still holds 15,698 shares including RSUs and restricted stock.

Robert Sledd's reported sale is a routine disclosure under Section 16. The sale size and price are explicit: 4,617 shares at $53.25. After the sale, his beneficial ownership totals 15,698 shares with 2,290 RSUs and 1,950 restricted shares noted, which limits immediate liquidity for that portion. This disclosure provides transparency but does not, by itself, indicate a material change to company control or strategy.

Corporate Governance Expert

TL;DR: Director sale reduces liquid holdings but retained restricted equity suggests ongoing alignment with shareholders.

The filing documents a direct disposition rather than an option exercise or derivative transaction. The presence of restricted stock and RSUs means a portion of the reported ownership remains subject to company-imposed restrictions or vesting, which typically aligns executive/director incentives with long-term performance. The filing is procedural and informative for monitoring insider trading and share ownership trends.

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

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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^*

SLEDD ROBERT C

(Last) (First) (Middle)

9201 FOREST HILL AVENUE

(Street)

RICHMOND VA 23235

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
UNIVERSAL CORP /VA/ [ UVV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	08/15/2025		S		4,617	D	$53.25	15,698(1)	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. Includes 2,290 restricted stock units and 1,950 shares of restricted stock as of the date this Form 4 is filed.

	/s/ Catherine H. Claiborne, attorney-in-fact	08/18/2025
	** 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.

FAQ

What transaction did Robert C. Sledd report on Form 4 for UVV?

He reported a sale of 4,617 shares of Universal Corporation common stock on 08/15/2025 at a price of $53.25 per share.

How many UVV shares does the reporting person own after the transaction?

Following the reported transaction, he beneficially owns 15,698 shares, which includes restricted equity.

Does the Form 4 indicate restricted holdings for the director?

Yes, the filing states his holdings include 2,290 restricted stock units and 1,950 shares of restricted stock.

Was this Form 4 filed individually or jointly?

The Form 4 was filed as an individual filing by one reporting person (checked as one reporting person).

What type of security was involved in the transaction?

The transaction involved common stock of Universal Corporation (ticker UVV), reported as a sale.