Diel Steven S. 4

What Happened

• Steven S. Diel, Senior Vice President & Chief Financial Officer of Universal Corp (ticker: UVV), was awarded 22,417 restricted stock units (RSUs) on April 1, 2026. The award is recorded at $0.00 per share (no cash purchase); reported value $0.
• The RSUs vest in substantially equal installments on the first, second and third anniversaries of the grant date (per footnote).

Key Details

• Transaction date: 2026-04-01; Form filed: 2026-04-02 (filed the next day).
• Grant type/code: A (award/acquisition) — 22,417 RSUs granted at $0.00.
• Vesting: Equal installments on each of the first three anniversaries of grant (per footnote F1).
• Reported holdings note (footnote F2): Form states it includes 23,847 restricted stock units and 164 dividend equivalent units earned on the RSUs.
• This was an equity compensation award (not an open-market purchase or sale), so it reflects compensation rather than an immediate personal cash investment or divestment.

Context

• RSUs convert to common shares only as they vest; until then they are restricted and typically cannot be sold or transferred.
• Awards are common executive compensation and do not by themselves indicate insider buying or selling sentiment.