Form 4: United Fire Group Officer Hernandez Settles Tax Liability with Share Withholding
SEC Form 4 Filing
Steven Dennis Hernandez, Chief Human Resources Officer of United Fire Group Inc., settled a tax liability by withholding shares incident to the vesting of restricted stock units.
Summary
- On March 15, 2025, Steven Dennis Hernandez, Chief Human Resources Officer of United Fire Group Inc., had shares withheld to cover a tax liability related to the vesting of restricted stock units.
- A total of 2,296 shares of common stock were withheld at a price of $29.13 per share.
- Following the transaction, Hernandez beneficially owns 24,349 shares of United Fire Group Inc.
- An amendment was made to correct an omission of 16,995 shares from a previous filing on February 24, 2025.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to insider transactions. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This is a routine Form 4 filing, reflecting insider transactions related to equity compensation. Such filings are common and provide transparency into the actions of company executives.
Key Dates
| Date | Description |
|---|---|
| 2024-08-19 | Date of Power of Attorney execution, granting Sarah E. Madsen authority to act on behalf of Steven Hernandez for SEC filings. |
| 2025-02-24 | Date of a previous Form 4 filing that was later amended to correct an omission. |
| 2025-03-15 | Date of the transaction where shares were withheld to cover tax liability. |
| 2025-03-17 | Date of signature for the current Form 4 filing. |
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