secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL CORP /VA/ (UVV)
CIK:        0000102037
Form:       8-K/A
Filed at:   2026-03-16T23:59:59+00:00
Accession:  0001193125-26-107071
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Universal Corp discloses CFO compensation: base $490k, target bonus $350k, LTI $560k
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- Annual base salary of $490,000 for Steven S. Diel as SVP and CFO effective April 1.
- Annual target bonus opportunity set at $350,000.
- Annual long-term incentive equity awards targeted at $560,000.
- One-time RSU grant of ~$1.2M vesting in three equal tranches on April 1, 2027-2029.
- RSU grant value based on VWAP from Jan 31 to Mar 31, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/102037/000119312526107071/0001193125-26-107071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/102037/000119312526107071/d52317d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-107071

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer