---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-087282"
form_type: "8-K"
ticker: "UVV"
cik: "0000102037"
company_name: "UNIVERSAL CORP /VA/"
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T06:56:02.860475+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Universal Corp approves 2023 Stock Incentive Plan; authorizes 1.25M new shares

## Summary
- Shareholders approved the 2023 Plan at the August 1, 2023 annual meeting, replacing the 2017 Plan.
- Plan authorizes 1,250,000 new shares of common stock plus forfeited shares from the prior plan.
- No further awards will be granted under the 2017 Plan after August 1, 2023; outstanding awards remain.
- Grants may include stock options, SARs, stock awards, stock units, and incentive awards until August 1, 2033.
- All awards subject to clawback policy; Compensation Committee administers the plan.

## SEC filing metadata
- accession: 0001104659-23-087282
- form_type: 8-K
- ticker: UVV
- cik: 0000102037
- company_name: UNIVERSAL CORP /VA/
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102037/000110465923087282/0001104659-23-087282-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102037/000110465923087282/tm2322722d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-087282
- JSON: https://secwatch.observer/filing/0001104659-23-087282.json
- Plain text: https://secwatch.observer/filing/0001104659-23-087282.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.