Universal Corp, a Virginia-based company, recently filed a Form 4 with the Securities and Exchange Commission (SEC). The significance of this filing lies in the fact that it discloses any transactions in the company’s securities by insiders, such as directors or executives. This transparency is crucial for investors and regulators to ensure that there is no insider trading or any other unethical practices taking place within the company.
Universal Corp is a leading global leaf tobacco supplier, serving customers in over 100 countries. With a history dating back to 1918, the company has established itself as a key player in the tobacco industry. Universal Corp works closely with farmers to produce high-quality leaf tobacco, which is used in various consumer products. For more information about Universal Corp, you can visit their website here.
Form 4 is a document filed with the SEC to disclose any changes in insider ownership of a company’s stock. This includes purchases, sales, and stock option exercises by directors, officers, and beneficial owners. By requiring insiders to report their transactions, the SEC aims to promote transparency and protect investors from any potential abuse of privileged information.
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Universal Corp /VA/ (0000102037) SEC Filing: Key Details Revealed
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