CORRELL JESSE T 5
5 · UTG INC · Filed Feb 13, 2025
Insider Transaction Report
Form 5
UTG INCUTGN
CORRELL JESSE T
DirectorChairman & CEO10% Owner
Transactions
- Gift
Common Stock
2024-07-18−440→ 204,909 total(indirect: By First Southern Bancorp, Inc.)
Holdings
- 72,750(indirect: By Partnership)
Common Stock
- 81,562
Common Stock
- 400,000(indirect: By LLC)
Common Stock
- 1,201,876(indirect: By LLC)
Common Stock
Footnotes (5)
- [F1]The reporting person is President and Manager of First Southern Funding, LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F2]The reporting person is the managing general partner of WCorrell, Limited Partnership. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F3]The reporting person is Chairman and President of First Southern Bancorp, Inc. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F4]This transaction is being reported to reflect a gift of First Southern Bancorp, Inc. shares by the reporting person. On July 18, 2024 the reporting person gifted 5,896 shares (0.21% of those outstanding) of First Southern Bancorp, Inc. The shares of UTG, Inc. reported as gifted represent 0.21% of the UTG shares owned by First Southern Bancorp, Inc. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F5]The reporting person is the President and First Southern Bancorp, Inc. is a 99% member of First Southern Holdings, LLC. See note (3). The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.