Jesse T. Correll - Sep 23, 2024 Form 4 Insider Report for UTG INC (utgn)

Role
Chairman & CEO, Director, 10%+ Owner
Signature
/s/Jill Martin, Attorney-in-Fact
Stock symbol
utgn
Transactions as of
Sep 23, 2024
Transactions value $
$0
Form type
4
Date filed
9/23/2024, 04:51 PM
Previous filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction utgn common stock Sale $0 -341 -0.17% $0.00 205K Sep 23, 2024 By First Southern Bancorp, Inc. F3, F4
holding utgn common stock 81.6K Sep 23, 2024 Direct
holding utgn common stock 400K Sep 23, 2024 By First Southern Funding, LLC F1
holding utgn common stock 72.8K Sep 23, 2024 By WCorrell, Limited Partnership F2
holding utgn common stock 1.2M Sep 23, 2024 By First Southern Holdings, LLC. F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is President and Manager of First Southern Funding, LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F2 The reporting person is the managing general partner of WCorrell, Limited Partnership. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F3 The reporting person is Chairman and President of First Southern Bancorp, Inc. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F4 This transaction is being reported to reflect sale of First Southern Bancorp, Inc. shares by the reporting person. On September 23, 2024 the reporting person sold 11,575 shares (0.42% of those outstanding) at a price of $86.40 per First Southern Bancorp, Inc. share, decreasing his percentage ownership of First Southern Bancorp, Inc. by 0.17%. The shares of UTG, Inc. reported as sold represent 0.17% of the UTG shares owned by First Southern Bancorp, Inc. No separate price was stated for those shares. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F5 The reporting person is the President and First Southern Bancorp, Inc. is a 99% member of First Southern Holdings, LLC. See note (3). The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.