O'Keefe John Patrick 4

What Happened

• John Patrick O'Keefe, Vice President, Ingredients at Universal Corp (UVV), received equity awards and had shares withheld for taxes. On June 2, 2026 he was granted two restricted stock unit (RSU) awards: 3,825 RSUs and 3,168 RSUs (both recorded as acquisition codes "A" at $0.00). Also on June 2, 2026, 1,366 shares were surrendered (code "F") at $54.38 per share to satisfy withholding taxes, a disposition valued at $74,283. The surrender related to performance shares that vested the same day.

Key Details

• Transaction dates: June 2, 2026 (reported on Form 4 filed June 4, 2026).
• Grants: 3,825 RSUs and 3,168 RSUs (acquired at $0.00).
• Tax withholding: 1,366 shares surrendered at $54.38 = $74,283 (disposition, code F).
• Holdings/footnotes: Filing notes include 10,710 RSUs and 663 dividend equivalent units tied to RSUs; previously granted performance shares vested on June 2, 2026; the surrendered shares satisfied withholding taxes on those vested performance shares.
• Filing timeliness: Filed June 4 for June 2 transactions — appears timely (no late filing indicated).

Context

• These were compensation-related events, not open-market purchases or sales. The RSU grants are subject to vesting (footnote indicates RSUs vest on the third anniversary of the award). The 1,366-share disposition was a share surrender to cover tax withholding (a routine, non-market sale action) tied to vested performance shares. Such awards reflect compensation practices rather than a direct buy/sell signal.