UFCS Insider Madsen Files Form 4 on Ownership Change

TL;DR

**UFCS insider Sarah Madsen filed a Form 4, signaling a change in her ownership.**

AI Summary

Sarah E. Madsen, an insider at United Fire Group Inc. (UFCS), filed a Form 4 on March 24, 2026, indicating a change in her beneficial ownership of the company's securities as of March 20, 2026. While the filing itself doesn't detail the transaction, it signals that an executive's stake in the company has shifted. This matters to investors because insider transactions can sometimes signal management's confidence (or lack thereof) in the company's future performance, potentially influencing stock price.

Why It Matters

Insider transaction filings like this can provide clues about how executives view their company's prospects, which can be a valuable data point for investors.

Risk Assessment

Risk Level: low — This filing is purely administrative, reporting a change in beneficial ownership, and does not inherently indicate high risk without transaction details.

Analyst Insight

A smart investor would await the full details of the transaction within the Form 4 to understand if Sarah E. Madsen bought or sold shares, and then consider the size and context of that transaction before making any investment decisions related to UFCS.

Key Players & Entities

• Madsen Sarah E (person) — Reporting Person
• UNITED FIRE GROUP INC (company) — Issuer
• 0001925846 (dollar_amount) — CIK for Madsen Sarah E
• 0000101199 (dollar_amount) — CIK for UNITED FIRE GROUP INC

FAQ

Filing Documents

• primarydocument.html (4)
• primarydocument.xml (4) — 3KB
• 0001925846-26-000004.txt ( ) — 5KB

From the Filing

SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5    Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).    Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * Madsen Sarah E (Last) (First) (Middle) 118 2ND AVE SE (Street) CEDAR RAPIDS IOWA 52402 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol UNITED FIRE GROUP INC [ UFCS ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Chief Legal Officer 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/20/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 03/20/2026 F (1) 613 D $ 36.4 13,481 D Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Explanation of Responses: 1. Represents payment of tax liability by withholding shares incident to the vesting of restricted stock units ("RSU"). Remarks: Sarah E. Madsen 03/23/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. * Form 4: SEC 1474 (03-26)

View Full Filing

View this 4 filing on SEC EDGAR