Form 4: United Fire Group Executive VP Julie Stephenson Reports Tax-Related Share Withholding
SEC Form 4 Filing
Julie Stephenson, Executive VP & COO of United Fire Group, reports the withholding of shares to cover tax liabilities related to the vesting of restricted stock units.
Summary
- On March 31, 2024, Julie A. Stephenson, Executive VP & COO of United Fire Group Inc. (UFCS), had shares withheld to cover tax liabilities.
- A total of 2,249 shares of common stock were withheld at a price of $21.77 per share.
- Following the transaction, Stephenson directly owns 50,743 shares of United Fire Group Inc.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no indication of positive or negative sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 2023-11-14 | Date of Power of Attorney execution. |
| 2024-03-31 | Date of the transaction involving the withholding of shares for tax liability. |
| 2024-04-01 | Date of signature for the report. |
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