Hernandez Steven Dennis 4

What Happened

• Steven D. Hernandez, Chief Human Resources Officer of United Fire Group, had 542 shares withheld to satisfy tax withholding related to the vesting of restricted stock units (RSUs). The withholding was recorded at $38.53 per share, totaling approximately $20,883. This was a withholding/transfer of shares to cover taxes (not an open-market sale).

Key Details

• Transaction date: 2026-02-21; filing date: 2026-02-24 (reporting period 2026-02-21)
• Shares withheld/disposed: 542 at $38.53 each — total ~$20,883
• Shares owned after transaction: not specified in the provided filing excerpt
• Footnote: F1 — payment of tax liability by withholding shares incident to RSU vesting
• No indication in the provided data that this was part of a 10b5-1 plan or a late filing

Context

• This is a routine tax-withholding event tied to RSU vesting (a common method to cover withholding taxes). It is a disposal of shares for tax purposes, not a directional buy or sell expressing sentiment about the company. Such withholdings are generally administrative and should not be read as insider buying or selling for investment reasons.