Rawlins Brian Keith 4

What Happened

• Brian Keith Rawlins, Senior Vice President and Chief Claim Officer of United Fire Group (UFCS), had 721 shares withheld to satisfy tax withholding related to the vesting of restricted stock units (RSUs). The shares were recorded as disposed at $38.86 per share, for a total value of $28,018.
• This transaction is a routine tax-withholding disposition tied to compensation vesting, not an open-market sale indicating a trading decision.

Key Details

• Transaction date: 2026-03-02; filing date: 2026-03-03 (timely filing).
• Disposition: 721 shares at $38.86 per share; total value reported $28,018.
• Post-transaction shares owned: not specified in the Form 4 filing.
• Footnote: F1 — payment of tax liability by withholding shares incident to RSU vesting.
• Transaction code: F (tax withholding to satisfy tax liability).

Context

• Withholding shares to pay taxes on vested RSUs is common and typically does not signal the insider’s view on the company’s stock; it’s an administrative settlement of compensation tax obligations.
• Because this was a withholding event (not a market sale or purchase), it should be interpreted as routine compensation processing rather than a directional trade.