Hernandez Steven Dennis 4
Research Summary
AI-generated summary
United Fire Group (UFCS) CHRO Steven Hernandez Receives RSU Award
What Happened
- Steven Dennis Hernandez, Chief Human Resources Officer of United Fire Group (UFCS), was granted 4,817 restricted stock units (RSUs) on February 20, 2026. The award is recorded at a grant price of $38.53 per share for a total reported value of $185,599.
- This was an equity award (grant/acquisition), not an open-market purchase or sale. RSU grants are compensation and do not represent an immediate market transaction.
Key Details
- Transaction date and price: 2026-02-20; 4,817 RSUs @ $38.53 per share (total $185,599).
- Shares owned after transaction: Not specified in the provided Form 4.
- Footnote: This is a 2026 LTIP RSU grant that vests in three equal annual installments on each anniversary of the grant date.
- Filing timeliness: Form 4 was filed on 2026-02-24 for the 2026-02-20 grant, which is within the normal two-business-day reporting window (no late filing indicated).
Context
- RSUs represent a promise to deliver shares (or their cash equivalent) when they vest; they are common executive compensation and do not by themselves signal an insider buying or selling shares in the open market.
- Vesting schedule means the full economic benefit is realized over the next three years as installments vest annually.