Bleicher Scott J 4
4 · UNIVERSAL CORP /VA/ · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Universal Corp (UVV) VP Scott J. Bleicher Surrenders 882 Shares for Taxes
What Happened
Scott J. Bleicher, Vice President & Controller of Universal Corporation (UVV), surrendered 882 shares of common stock to the company on June 1, 2026 to satisfy withholding taxes tied to restricted stock units that vested that day. The shares were valued at $54.13 each for a total of $47,743. This was a tax-withholding transaction (not an open-market sale or purchase).
Key Details
- Transaction date: 2026-06-01; Filing date (Form 4): 2026-06-03 (accession 0001192482-26-000316).
- Price per share: $54.13; Total value surrendered: $47,743.
- Shares surrendered: 882 (code F — tax withholding).
- Holdings note: Filing indicates inclusion of 8,040 restricted stock units and 396 dividend equivalent units related to the vested RSUs.
- Footnotes: F1 — shares surrendered to satisfy withholding taxes on RSUs vested June 1, 2026; F2 — holdings include 8,040 RSUs and 396 dividend equivalent units.
- Filing timeliness: No late filing indicated in the report.
Context
Surrendering shares to cover tax withholding on vested restricted stock units is a common administrative action and does not necessarily signal the insider is selling shares into the market. This was a cashless tax-withholding settlement of vested RSUs rather than a discretionary sale or purchase.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-06-01$54.13/sh−882$47,743→ 17,072 total
Footnotes (2)
- [F1]Shares of common stock surrendered to the Company to satisfy the withholding taxes relating to previously granted restricted stock units that vested on June 1, 2026.
- [F2]Includes 8,040 restricted stock units and 396 dividend equivalent units earned on the restricted stock units.