Form 4: Universal Corp VP & Controller, Scott J Bleicher, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Scott J Bleicher, VP & Controller of Universal Corp, reports the disposition of 478 common stock shares to cover withholding taxes related to vested restricted stock units.
Summary
- On May 28, 2024, Scott J Bleicher, VP & Controller of Universal Corp, reported a transaction involving the disposition of 478 shares of common stock.
- The shares were surrendered to the company to satisfy withholding taxes related to restricted stock units that vested on May 27, 2024.
- The price per share was $46.96.
- Following the transaction, Bleicher beneficially owns 7,970 shares, including 4,150 restricted stock units and 590 dividend equivalent units earned on the restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 05/27/2024 | Restricted stock units vested. |
| 05/28/2024 | Transaction date: 478 shares of common stock surrendered to cover withholding taxes. |
| 05/30/2024 | Date of signature for the Form 4 filing. |
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