Bleicher Scott J 4

What Happened
Scott J. Bleicher, Vice President & Controller of Universal Corp (UVV), was awarded a total of 3,770 restricted stock units (2,210 + 1,560) on June 2, 2026 (awards reported at $0.00). On the same date, 673 shares were disposed of at $54.38 per share (total ≈ $36,598) to satisfy withholding tax obligations tied to vested performance shares. The RSUs are subject to vesting terms (see footnote).

Key Details

• Transaction date(s): June 2, 2026; Form 4 filed June 4, 2026 (timely).
• Award entries: 2,210 RSUs and 1,560 RSUs granted (transaction code A), $0.00 price reported.
• Disposition: 673 shares surrendered (transaction code F) at $54.38, proceeds used to satisfy tax withholding (~$36,598).
• Footnotes: F1 — the restricted stock units vest on the third anniversary of the award date. F2 — filing notes inclusion of 10,250 restricted stock units and 396 dividend-equivalent units. F3 — previously granted performance shares vested on June 2, 2026. F4 — shares were surrendered to satisfy withholding on those vested performance shares.
• Shares owned after transaction: not explicitly stated in the provided excerpt; consult the full Form 4 for total beneficial ownership.
• Timeliness: Filing appears timely (filed two days after the transaction).

Context
The primary activity here is issuance of RSU awards (a non-cash award, not an open-market purchase). The 673-share disposition is a routine sell-to-cover/withholding action tied to vested performance shares and does not necessarily indicate a change in insider sentiment about the stock. RSUs vest according to the noted schedule (three-year vest), while the vested performance shares created a taxable event that prompted the tax-withholding surrender.