CORRELL JESSE T 4
4 · UTG INC · Filed Jul 18, 2025
Insider Transaction Report
Form 4
UTG INCUTGN
CORRELL JESSE T
DirectorChairman & CEO10% Owner
Transactions
- Purchase
Common Stock
2025-07-18+12,039→ 486,957 total(indirect: By LLC)
Holdings
- 81,562
Common Stock
- 204,909(indirect: By First Southern Bancorp, Inc.)
Common Stock
- 72,750(indirect: By Partnership)
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]This transaction is being reported to reflect the redemption by First Southern Funding, LLC of membership interests from two members. On July 18, 2025 First Southern Funding, LLC redeemed 22.94 units (2.86% interest). This redemption increased the membership interest of the reporting person (and his spouse) by 2.47%. The shares of UTG, Inc. reported as acquired represent 2.47% 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.