Claiborne Catherine H 4

What Happened

• Claiborne Catherine H., Vice President, General Counsel & Secretary of Universal Corp (UVV), surrendered 1,277 shares on June 1, 2026 to satisfy withholding taxes related to restricted stock units that vested that day. The shares were valued at $54.13 each, totaling $69,124. This was a tax-withholding share surrender (routine), not an open-market sale.

Key Details

• Transaction date: 2026-06-01; filing date: 2026-06-03 (appears timely).
• Price per share: $54.13; shares surrendered/disposed: 1,277; aggregate value: $69,124.
• Reason: Shares surrendered to cover tax withholding on vested restricted stock units (RSUs). (See footnote F1.)
• Holdings context: Footnote F2 notes inclusion of 6,980 RSUs and 671 dividend equivalent units earned on those RSUs; footnote F3 notes some shares were acquired earlier via the Dividend Reinvestment Plan.
• Shares owned after the transaction: not specified in the provided excerpt.

Context

• This was a routine tax-withholding transaction tied to RSU vesting (a cashless surrender of shares to cover taxes), not a discretionary sale that would necessarily signal the insider’s market view. For retail investors, such withholdings are common when equity awards vest and generally reflect compensation tax mechanics rather than trading intent.