Form 4: Universal Corp Director Awarded Restricted Stock Units

Universal Corp director Diana F Cantor received an award of 2,290 restricted stock units as compensation for her service.

Summary

• Diana F Cantor, a Director of Universal Corp (UVV), was awarded 2,290 restricted stock units (RSUs) on August 5, 2025.
• The RSUs were granted for her service as a director and have a price of $0, which is typical for such awards.
• These restricted stock units are scheduled to vest on the first anniversary of the award date.
• Following this transaction, Diana F Cantor beneficially owns a total of 27,462 shares, which includes the newly awarded 2,290 restricted stock units.
• The total beneficial ownership also accounts for shares resulting from dividend equivalent units earned on restricted stock units that vested on August 6, 2025.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it reflects standard, ongoing director compensation and aligns the director's interests with the company's performance, which is generally viewed favorably. However, it is largely neutral as it is a routine transaction.

Positives

• The award of restricted stock units aligns the director's interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• This transaction represents a standard form of director compensation, indicating continuity in corporate governance practices.

Future Outlook

The awarded restricted stock units are set to vest on the first anniversary of the award date, which will convert them into common stock.

Industry Context

This filing details a routine compensation event for a director, which is a common practice across publicly traded companies to incentivize and retain board members by aligning their financial interests with long-term shareholder value.

Related Party Transactions

• The transaction involves an award of restricted stock units to a director, which is an insider transaction related to compensation.

Stakeholder Impact

• Shareholders: The award of RSUs to a director is a form of non-cash compensation that aligns the director's long-term interests with shareholder value, potentially leading to more focused governance.
• Employees: No direct impact on general employees is indicated by this filing.

Next Steps

• The 2,290 restricted stock units are expected to vest on August 5, 2026, converting into common stock.

Key Dates

Keywords

Universal Corp, UVV, SEC Form 4, insider transaction, restricted stock units, RSU, director compensation, beneficial ownership