{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-104950","form_type":"8-K/A","ticker":"UVV","cik":"0000102037","company_name":"UNIVERSAL CORP /VA/","filed_at":"2024-10-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.396903+00:00","generated_at":"2026-05-30T22:57:48.734448+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Universal Corp details CEO compensation changes for Wigner and Freeman retirement","bullets":["Preston Wigner's base salary set at $800,000; target bonus at 100% of salary.","Wigner receives annual LTI target award of $1.6M and a one-time RSU top-up grant of ~$2M vesting over 3 years.","George Freeman's base salary adjusted to $670,000 through Dec 31, 2024; eligible for prorated FY2025 bonus.","Freeman receives $140,000 lump sum for Senior Advisor role through March 31, 2025.","Compensation changes approved by Compensation Committee on Sep 25, 2024; effective Oct 1, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-104950","json":"https://secwatch.observer/filing/0001104659-24-104950.json","markdown":"https://secwatch.observer/filing/0001104659-24-104950.md","text":"https://secwatch.observer/filing/0001104659-24-104950.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/102037/000110465924104950/0001104659-24-104950-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/102037/000110465924104950/tm2425319d1_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T22:57:48.734448+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"baa6ce2cfe","claim":"Preston D. Wigner was named as Chairman of the Board, President and Chief Executive Officer at UNIVERSAL CORP /VA/.","evidence_excerpt":"the Board of Directors (the “Board”) of the Company named Preston D. Wigner, Senior Vice President, as Chairman of the Board (“Chairman”), President and Chief Executive Officer of the Company (the “Appointment”), effective October 1, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/102037/000110465924104950/0001104659-24-104950-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"named"},{"label":"Role","value":"Chairman of the Board, President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"e20643eaea","claim":"George C. Freeman, III departed as Chairman, President and Chief Executive Officer at UNIVERSAL CORP /VA/.","evidence_excerpt":"George C. Freeman, III, will retire as Chairman, President and Chief Executive Officer and as a member of the Board on the Effective Date","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/102037/000110465924104950/0001104659-24-104950-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"Chairman, President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}