UVV Form 4: Lennart Freeman Disposes of 2,800 Shares; Holdings 19,669

Rhea-AI Filing Summary

Universal Corp (UVV) director Lennart R. Freeman reported selling 2,800 shares of common stock on 08/11/2025 at a weighted average price of $52.8946, with trade prices ranging from $52.827 to $52.91. After the disposition the reporting person beneficially owns 19,669 shares, which include 2,290 restricted stock units. The Form 4 records the ownership as direct and shows no derivative security transactions. Footnotes state the reported price is a weighted average from multiple trades and offer to provide transaction-level detail on request. No amendments or other transactions are reported on this form.

Insights

Financial Analyst

TL;DR: Director sold 2,800 UVV shares at a weighted average ~$52.89; post-sale holdings 19,669 shares including 2,290 RSUs; no derivatives reported.

The filing documents a single non-derivative disposition of 2,800 common shares on 08/11/2025 at a weighted average price of $52.8946, with individual trade prices between $52.827 and $52.91. Table I captures the sale and reports 19,669 shares owned following the transaction, of which 2,290 are restricted stock units. Table II contains no entries, indicating no option or other derivative activity is reported. Footnotes clarify pricing methodology and offer additional transaction detail on request.

Corporate Governance Expert

TL;DR: The Form 4 discloses a director sale with clear footnote disclosure and direct beneficial ownership; no additional governance changes are reported.

The report identifies Lennart R. Freeman as the reporting person and specifies the disposition as a sale (transaction code S) recorded in Table I. The filing lists the ownership form as direct and provides explanatory footnotes: one detailing the weighted-average price calculation and another noting inclusion of 2,290 restricted stock units in post-sale holdings. There are no reported amendments or derivative transactions, and the form includes the standard offer to provide trade-level breakdowns to the issuer or SEC staff.

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

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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^*

Freeman Lennart R.

(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)
08/11/2025

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	08/11/2025		S		2,800	D	$52.8946(1)	19,669(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.827 to $52.91 per share, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

2. Includes 2,290 restricted stock units.

	/s/ Catherine H. Claiborne, attorney-in-fact	08/12/2025
	** 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 Lennart R. Freeman report on the UVV Form 4?

The Form 4 reports a sale of 2,800 common shares on 08/11/2025 at a weighted average price of $52.8946.

How many shares does the reporting person own after the reported sale?

Following the reported transaction the reporting person beneficially owns 19,669 shares, which include 2,290 restricted stock units.

What price range is disclosed for the UVV share sales?

The footnote states sales occurred at prices ranging from $52.827 to $52.91, and the reported price is a weighted average of those trades.

Are any derivative securities reported in this Form 4 for UVV?

No. Table II contains no entries; the filing reports only a non-derivative sale of common stock in Table I.

Is the reported ownership direct or indirect according to the filing?

The filing indicates direct ownership for the reported shares.