Form 4: United Fire Group Executive VP Julie Stephenson Reports Tax Liability Share Withholding
SEC Form 4 Filing
Julie Stephenson, Executive VP & COO of United Fire Group, reports the withholding of 1,300 common stock shares to cover tax liabilities related to vesting restricted stock units.
Summary
- On March 20, 2025, Julie Stephenson, Executive VP & COO of United Fire Group Inc. (UFCS), had 1,300 shares of common stock withheld to cover tax liabilities.
- The shares were withheld at a price of $29.04 per share.
- Following the transaction, Stephenson directly owns 62,744 shares of United Fire Group Inc.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations. It is neither particularly positive nor negative, but rather a standard reporting requirement. The sentiment is neutral to slightly positive as it reflects the vesting of restricted stock units, which is a form of compensation.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares being withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 2023-11-14 | Date of Power of Attorney execution. |
| 2025-03-20 | Date of the transaction where shares were withheld for tax liability. |
| 2025-03-24 | Date of signature on the Form 4 filing. |
Keywords
Form 4, United Fire Group, UFCS, Julie Stephenson, Executive VP, COO, Share Withholding, Tax Liability, Restricted Stock Units, Beneficial Ownership
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