Martin Eric J 4

What Happened
Eric J. Martin, Chief Financial Officer of United Fire Group (UFCS), had 1,069 shares withheld to cover tax liabilities tied to the vesting of restricted stock units (RSUs). The shares were valued at $36.40 each, for a total withholding value of $38,912. This was a tax-withholding disposition (not an open-market sale) and is a routine administrative action.

Key Details

• Transaction date: 2026-03-20
• Price per share: $36.40; Shares withheld: 1,069; Total value: $38,912
• Transaction code: F (payment of tax liability via withholding)
• Filing date: 2026-03-24 (filed within the typical 2-business-day Form 4 window)
• Shares owned after transaction: not specified in the provided filing
• Footnote: F1 — withholding was to satisfy tax obligations upon RSU vesting

Context
Tax-withholding by retaining shares when RSUs vest is a common, routine administrative step and does not by itself indicate the insider’s view of the company’s prospects. For retail investors, purchases by insiders tend to be more informative than routine withholdings, which mainly reflect compensation tax mechanics.