FIRST SOUTHERN FUNDING LLC 4

What Happened

First Southern Funding LLC — reported as a 10% owner of UTG Inc. (UTGN) — purchased 4,850 shares on May 18, 2026 at $54.96 per share for a total of $266,556. The Form 4 lists the transaction type as a purchase (code P) and describes it as an "open market or private purchase" (the filing does not specify which).

This is a buy (an acquisition of shares) rather than a sale. Purchases by large holders can be informative to investors, but the filing itself does not state any motive.

Key Details

• Transaction date and price: May 18, 2026 — 4,850 shares at $54.96 each. Total value reported: $266,556.
• Filing date: May 20, 2026 — appears to be filed promptly (two days after the transaction).
• Shares owned after transaction: Not specified in the filing.
• Footnote: The filer notes they are a member of First Southern Holdings, LLC and disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest (i.e., reported as an institutional/ownership interest, not personal executive ownership).
• Transaction type: Purchase (code P); described as "open market or private purchase" — the form doesn't clarify which.

Context

As a 10% owner filing through an entity, this is institutional-level activity rather than disclosure of an executive's personal trade. The filing provides a straightforward purchase record; it does not indicate any trading plan (e.g., 10b5-1), nor does it show concurrent sales or option exercises. Retail investors often view purchases by large holders as noteworthy, but the Form 4 alone doesn't explain the buyer's intentions.