Form 4: Universal Corp. Executive Disposes of Shares for Tax Withholding on Vested RSUs

Catherine H. Claiborne, VP, General Counsel & Secretary of Universal Corp. (UVV), disposed of 1,518 shares of common stock to cover tax obligations related to previously vested restricted stock units.

Summary

• Catherine H. Claiborne, Universal Corp.'s VP, General Counsel & Secretary, reported a transaction on May 28, 2025.
• She disposed of 1,518 shares of Universal Corp. common stock at a price of $59.35 per share.
• This disposition was specifically to satisfy withholding taxes associated with restricted stock units that vested on the same date.
• Following this transaction, Ms. Claiborne's beneficial ownership stands at 24,574 shares of Universal Corp. common stock.
• Her total beneficial ownership includes 8,190 restricted stock units and 1,887 dividend equivalent units earned on those restricted stock units, along with shares acquired through the Dividend Reinvestment Plan not previously reported.

Sentiment

Score: 5

Explanation: The transaction is a routine tax-related disposition of shares upon vesting of restricted stock units, which is neutral in terms of company performance or outlook.

Future Outlook

N/A

Industry Context

This Form 4 filing details a routine insider transaction related to executive compensation and tax obligations, and as such, it does not provide broader insights into industry trends or competitive dynamics.

Stakeholder Impact

• This routine transaction has minimal direct impact on shareholders, employees, customers, suppliers, or creditors, as it primarily relates to an executive's compensation and tax obligations rather than operational or strategic changes.

Key Dates

Keywords

Universal Corp, UVV, SEC Form 4, Insider Transaction, Stock Ownership, Restricted Stock Units, Tax Withholding, Catherine H. Claiborne