Form 4: Universal Corp VP Controller Receives Stock Award
Statement of Changes in Beneficial Ownership
Universal Corp reports a stock award to VP & Controller Scott J. Bleicher, involving 4,670 shares of common stock.
Summary
- Scott J. Bleicher, VP & Controller of Universal Corp, received an award of 4,670 shares of common stock on April 1, 2026.
- This award is part of a restricted stock unit grant.
- The restricted stock units vest in equal installments on the first and second anniversaries of the grant date.
- Following this transaction, Bleicher beneficially owns 17,798 shares of common stock, which includes 9,640 restricted stock units and 559 dividend equivalent units.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine executive compensation event rather than a significant financial or strategic development.
Positives
- Grant of restricted stock units to a key executive, indicating a commitment to retaining and incentivizing management.
- The award vests over two years, aligning executive interests with long-term company performance.
Future Outlook
The restricted stock units vest in equal installments on the first and second anniversaries of the grant date, suggesting a future vesting schedule.
Industry Context
StockSavvy.ai notes that stock awards to executives are a common form of compensation in the consumer staples industry, used to align executive interests with shareholder value and retain talent.
Stakeholder Impact
- Shareholders: The award is a standard executive compensation practice, generally viewed neutrally unless it represents an unusually large portion of outstanding shares or compensation.
Next Steps
- Vesting of restricted stock units on the first and second anniversaries of the grant date.
Key Dates
| Date | Description |
|---|---|
| 04/01/2026 | Transaction Date for stock award |
| 04/02/2026 | Date of Report |
Keywords
Form 4, SEC Filing, Stock Award, Restricted Stock Units, Executive Compensation, Universal Corp, UVV, Beneficial Ownership
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