Stephenson Julie A 4

What Happened
Julie A. Stephenson, Executive Vice President & COO of United Fire Group (UFCS), had 1,692 shares withheld to satisfy tax withholding on the vesting of restricted stock units (RSUs). The withholding was recorded at $36.40 per share, for a total value of $61,589. This is a tax-withholding disposal (code F), not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-03-20; Form 4 filed: 2026-03-24 (appears to be filed within the standard two-business-day window).
• Price used for withholding: $36.40 per share.
• Shares withheld/disposed: 1,692; total value: $61,589.
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnote: F1 — payment of tax liability by withholding shares incident to RSU vesting.
• Transaction code meaning: F = tax withholding (not an indication of buying or selling in the open market).

Context
Withholding shares to cover taxes on RSU vesting is a routine administrative action and generally does not signal the insider's view of the company’s prospects. This was a cashless withholding (the company retained shares to satisfy tax obligations), not a market sale or purchase.