4Filed Aug 18, 8:00 PM ET

UTG (UTGN) 10% Owner First Southern Funding LLC Buys 4,808 Shares

$UTGN · UTG INC

Research Summary

AI-generated summary of this SEC filing

Updated

UTG (UTGN) 10% Owner First Southern Funding LLC Buys 4,808 Shares

What Happened

  • First Southern Funding LLC, reported as a 10% owner of UTG Inc. (UTGN), purchased 4,808 shares on August 18, 2026. The transaction price was $59.00 per share for a total cost of $283,672. The filing shows a purchase (transaction code P), which is a net buy rather than a sale.

Key Details

  • Transaction date: 2026-08-18
  • Price per share: $59.00
  • Shares purchased: 4,808
  • Total value: $283,672
  • Transaction type/code: Purchase (P) — open market or private purchase (as reported)
  • Filing date/accession: Filed 2026-08-19 (next day), so not indicated as late
  • Shares owned after transaction: Not specified in the provided filing summary
  • Footnote: Reporting person is a member of First Southern Holdings, LLC and disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest (see F1)

Context

  • This was an institutional-level purchase by a 10% owner rather than an executive/director trade. Such purchases can indicate a financial interest by the reporting entity but do not necessarily reflect management sentiment. The filing is a straightforward purchase — not an option exercise, award, or gift.