CORRELL JESSE T 4
4 · UTG INC · Filed Jun 3, 2025
Insider Transaction Report
Form 4
UTG INCUTGN
CORRELL JESSE T
DirectorChairman & CEO10% Owner
Transactions
- Purchase
Common Stock
2025-05-30+21,609→ 486,957 total(indirect: By LLC)
Holdings
- 1,201,876(indirect: By LLC)
Common Stock
- 81,562
Common Stock
- 72,750(indirect: By Partnership)
Common Stock
- 204,909(indirect: By First Southern Bancorp, Inc.)
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]This transaction is being reported to reflect the redemption by First Southern Funding, LLC of a member's interest. On May 30, 2025 First Southern Funding, LLC redeemed a member owning 44.75 units (5.28% interest). This redemption increased the membership interest of the reporting person (and his spouse) by 4.44%. The shares of UTG, Inc. reported as acquired represent 4.44% of the UTG shares owned by First Southern Funding, LLC. No separate price was stated for those shares. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F3]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.
- [F4]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.
- [F5]The reporting person is the President and First Southern Bancorp, Inc. is a 99% member of First Southern Holdings, LLC. See note (4). The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.