Form 4: United Fire Group VP-Chief Accounting Officer Adam Vogt Reports Routine Stock Transaction for Tax Purposes
Statement of Changes in Beneficial Ownership
United Fire Group's VP-Chief Accounting Officer, Adam Vogt, reported a routine disposition of 158 shares of common stock valued at $28.37 per share to cover tax liabilities related to restricted stock unit vesting.
Summary
- Adam M. Vogt, VP Chief Accounting Officer of United Fire Group Inc. (UFCS), reported a transaction involving the company's common stock.
- On July 1, 2025, Vogt disposed of 158 shares of common stock at a price of $28.37 per share.
- This disposition was for the payment of tax liability by withholding shares incident to the vesting of restricted stock units (RSUs).
- Following this transaction, Vogt beneficially owns 7,891 shares of United Fire Group Inc. common stock directly.
- The filing was signed by Sarah Madsen as attorney-in-fact for Adam Vogt on July 2, 2025, under a Power of Attorney granted on November 15, 2024.
Sentiment
Score: 5
Explanation: The document is a routine SEC Form 4 filing detailing an insider's stock transaction for tax purposes, which is a neutral event with no direct positive or negative implications for the company's operational or financial performance.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Adam Vogt granted Sarah E. Madsen a Power of Attorney to execute SEC Forms 3, 4, 5, and Section 13 filings on his behalf related to United Fire Group, Inc. securities. | 2024-11-15 | This streamlines compliance for the reporting person by authorizing an attorney-in-fact to handle required SEC filings, ensuring timely and accurate disclosure of beneficial ownership changes. |
Stakeholder Impact
- Shareholders: Minimal impact, as it is a small, routine transaction for tax purposes by an officer, not indicative of a change in company fundamentals or strategy.
Key Dates
| Date | Description |
|---|---|
| 2024-11-15 | Date Power of Attorney was granted by Adam Vogt to Sarah E. Madsen. |
| 2025-07-01 | Date of transaction: disposition of shares for tax liability. |
| 2025-07-02 | Date Form 4 was signed by attorney-in-fact and filed. |
Keywords
United Fire Group, UFCS, Adam Vogt, SEC Form 4, insider transaction, beneficial ownership, restricted stock units, RSU vesting, tax withholding, corporate officer, stock disposition
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