Form 4: Universal Corp VP Scott Bleicher Reports Stock Withholding
Statement of Changes in Beneficial Ownership
VP and Controller Scott J. Bleicher surrendered 882 shares of Universal Corp common stock to satisfy tax obligations related to vested restricted stock units.
Summary
- Scott J. Bleicher, VP and Controller of Universal Corp, executed a transaction on June 1, 2026.
- The transaction involved the surrender of 882 shares of common stock to the company.
- The purpose of the surrender was to satisfy tax withholding requirements associated with the vesting of restricted stock units.
- The shares were valued at $54.13 per share.
- Following this transaction, the reporting person maintains beneficial ownership of 17,072 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine administrative tax settlement by an executive rather than a market-driven trade.
Positives
- The transaction is a routine administrative action related to tax withholding rather than a discretionary market sale.
Negatives
- None identified; this is a standard tax-related transaction for equity compensation.
Risks
- None identified.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that this filing is a routine disclosure of executive equity compensation management, which is standard practice for publicly traded companies and does not indicate a change in corporate strategy or financial outlook.
Comparison to Industry Standards
- The transaction aligns with standard corporate governance practices regarding the settlement of restricted stock units (RSUs) via net-share withholding.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a standard tax-related equity settlement.
Next Steps
- None.
Key Dates
| Date | Description |
|---|---|
| 06/01/2026 | Date of transaction and vesting of restricted stock units. |
| 06/03/2026 | Date of filing. |
Keywords
Universal Corp, UVV, Form 4, Insider Trading, Stock Withholding, Equity Compensation
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