Freeman Lennart R. 4

What Happened Lennart R. Freeman, a director of Universal Corp (ticker: UVV), sold 3,746 shares on Feb 19, 2026. The shares were disposed at a weighted average price of $53.45 per share for total proceeds of $200,229. The transaction is reported as a sale (code S), which is commonly a routine disposition rather than an indication of company outlook.

Key Details

• Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (filing appears timely).
• Price: weighted average $53.45 per share; reported range $53.4467 to $53.4750 (footnote F1).
• Shares sold: 3,746; Total proceeds: $200,229.
• Shares owned after transaction: not specified in the provided filing; footnote F2 notes holdings include 2,290 restricted stock units and 70 dividend equivalent units earned on those RSUs.
• Footnotes: F1 explains the weighted-average price and offers to provide a per‑price breakdown on request; F2 clarifies part of the reported holdings are RSUs and dividend equivalent units.

Context This was an open-market sale by a company director. Sales by insiders can be routine (diversification, liquidity, tax obligations) and are less informative about sentiment than purchases. No options exercise, gift, or other derivative activity was reported in this filing.