UFCS.NASDAQUnited Fire Group INC

Form 4: United Fire Group Executive VP Julie Stephenson Reports Share Withholding for Tax Liability

Sentiment:

SEC Form 4 Filing

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Julie Stephenson, Executive VP & COO of United Fire Group, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.

Summary

  • On March 31, 2025, Julie Stephenson, Executive VP & COO of United Fire Group Inc. (UFCS), had 6,809 shares of common stock withheld to cover tax liabilities.
  • The shares were withheld at a price of $29.46 per share.
  • Following the transaction, Stephenson directly owns 55,935 shares of United Fire Group Inc.

Sentiment

Score: 7

Explanation: Neutral sentiment as it's a routine transaction related to tax obligations. No significant positive or negative implications for the company's performance.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax liabilities related to executive compensation.

Key Dates

DateDescription
2023-11-14Date of Power of Attorney execution, authorizing Sarah E. Madsen, Eric J. Martin, and Rebecca E. Williams to act on behalf of Julie Stephenson for SEC filings.
2025-03-31Date of transaction: shares withheld for tax liability.
2025-04-01Date of Form 4 signature.

Keywords

Form 4, United Fire Group, UFCS, Julie Stephenson, Executive VP, COO, Share Withholding, Tax Liability, Restricted Stock Units, Beneficial Ownership, Section 16(a)

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