UNITED FIRE GROUP INC

UFCS · Fire, Marine & Casualty Insurance · 25.7M shares · -0%/yr ↓ buyback · EDGAR filings ↗

Net buyback after stock comp: -$1M (gross $2M, SBC $3M)

Reference price $45.23 · est. market cap ~$1.2B — last insider purchase, 2026-06-05 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)

Grade

C67

United Fire — small commercial P&C insurer in earnings recovery.

Strengths

Net income +91% (81st pct)
Improving underwriting

Risks

Net margin 8.5% (26th), ROE (43rd) below median
Catastrophe exposure
Sub-scale

Notable findings

Exec changeRecent 8-K item 5.02 8-K ↗
Strong balance sheetStrong balance sheet — $156M cash & investments
Insider buyingInsider buying — 1 open-market buy(s) by 1 insider(s) (~$203,535, last 6mo) Form 4 ↗
Insider sellingInsider selling — 4 open-market sale(s) by 2 insider(s) (cluster of 2 insiders, ~$654,971, last 6mo) Form 4 ↗

Quarterly revenue

2025-06-30 · $335M2025-09-30 · $354M2025-12-31 · $366M2026-03-31 · $369M

Last 4 quarters · from SEC filings.

Key metrics

Net margin

8.5%

Return on equity

12.6%

Return on assets

3.1%

Revenue growth (QoQ)

1.0%

Net-income growth

90.8%

Tangible book value

$938M

Cash & investments

$156M

Stock comp / revenue

0.7%

Insider transactions · last 18 months

Date	Insider	Type	Shares	Price
2026-06-05	MILLIGAN GEORGE D	Buy	4.5K	$45.23
2026-05-20	Spencer Gilda Livingston	Grant	2.1K	$48.04
2026-05-20	Foran Matthew R	Grant	2.1K	$48.04
2026-05-20	McBride Lura E	Grant	2.1K	$48.04
2026-05-20	Clancy Brenda Kay	Grant	2.1K	$48.04
2026-05-20	Green Mark A.	Grant	2.1K	$48.04
2026-05-20	Voss Susan E	Grant	2.1K	$48.04
2026-05-20	Carlton Scott L	Grant	2.1K	$48.04
2026-05-20	Drahozal Christopher R	Grant	2.1K	$48.04
2026-05-20	NOYCE JAMES	Grant	2.1K	$48.04
2026-05-20	MILLIGAN GEORGE D	Grant	2.1K	$48.04
2026-05-15	Hernandez Steven Dennis	Tax withheld	485	$48.06
2026-03-20	Stephenson Julie A	Tax withheld	1.7K	$36.40
2026-03-20	Martin Eric J	Tax withheld	1.1K	$36.40
2026-03-20	Madsen Sarah E	Tax withheld	613	$36.40
2026-03-20	Leidwinger Kevin James	Tax withheld	3.9K	$36.40
2026-03-20	Leidwinger Kevin James	Tax withheld	1.3K	$36.40
2026-03-15	Hernandez Steven Dennis	Tax withheld	2.9K	$36.87
2026-03-04	Drahozal Christopher R	Sell	4.2K	$38.49
2026-03-03	Drahozal Christopher R	Sell	4.2K	$37.94
2026-03-02	McIntyre Dee Ann	Sell	4.2K	$38.84
2026-03-02	Drahozal Christopher R	Sell	4.2K	$38.84
2026-03-02	Rawlins Brian Keith	Tax withheld	721	$38.86
2026-02-24	Leidwinger Kevin James	Tax withheld	3.9K	$37.72
2026-02-24	Leidwinger Kevin James	Tax withheld	5.7K	$37.72
2026-02-24	Stephenson Julie A	Grant	3.5K	$37.72
2026-02-24	Stephenson Julie A	Tax withheld	862	$37.72
2026-02-24	Stephenson Julie A	Tax withheld	1.2K	$37.72
2026-02-24	Martin Eric J	Tax withheld	900	$37.72
2026-02-24	Martin Eric J	Grant	2.2K	$37.72
2026-02-24	Martin Eric J	Tax withheld	623	$37.72
2026-02-24	Madsen Sarah E	Tax withheld	551	$37.72
2026-02-24	Madsen Sarah E	Grant	1.3K	$37.72
2026-02-24	Madsen Sarah E	Tax withheld	381	$37.72
2026-02-24	Leidwinger Kevin James	Grant	9.1K	$37.72
2026-02-21	Leidwinger Kevin James	Tax withheld	3.1K	$38.53
2026-02-21	Vogt Adam M	Tax withheld	160	$38.53
2026-02-21	Hernandez Steven Dennis	Tax withheld	542	$38.53
2026-02-21	Stephenson Julie A	Tax withheld	1.2K	$38.53
2026-02-21	Martin Eric J	Tax withheld	1.1K	$38.53
2026-02-21	Madsen Sarah E	Tax withheld	660	$38.53
2026-02-20	Hernandez Steven Dennis	Grant	4.8K	$38.53
2026-02-20	Stephenson Julie A	Grant	9.1K	$38.53
2026-02-20	Madsen Sarah E	Grant	5.7K	$38.53
2026-02-20	Leidwinger Kevin James	Grant	23K	$38.53
2026-02-20	Rawlins Brian Keith	Grant	2.9K	$38.53
2026-02-20	Vogt Adam M	Grant	1.6K	$38.53
2026-02-20	Martin Eric J	Grant	7.7K	$38.53
2025-11-21	Spencer Gilda Livingston	Grant	2.3K	$30.66
2025-11-14	Vogt Adam M	Tax withheld	644	$37.11
2025-09-18	BESONG JOHN PAUL E	Sell	1.1K	$32.25
2025-09-18	BESONG JOHN PAUL E	Sell	1.3K	$32.26
2025-08-26	Drahozal Christopher R	Gift	25K	—
2025-08-22	Leidwinger Kevin James	Tax withheld	1.5K	$31.75
2025-08-21	McIntyre Dee Ann	Gift	51K	—
2025-08-11	Martin Eric J	Buy	500	$29.00
2025-07-01	Vogt Adam M	Tax withheld	158	$28.37
2025-06-16	McIntyre Dee Ann	Gift	168	—
2025-05-21	Drahozal Christopher R	Grant	3.4K	$27.78
2025-05-21	Carlton Scott L	Grant	3.4K	$27.78
2025-05-21	Clancy Brenda Kay	Grant	3.4K	$27.78
2025-05-21	BESONG JOHN PAUL E	Grant	3.4K	$27.78
2025-05-21	Voss Susan E	Grant	3.4K	$27.78
2025-05-21	NOYCE JAMES	Grant	3.4K	$27.78
2025-05-21	Green Mark A.	Grant	3.4K	$27.78
2025-05-21	MILLIGAN GEORGE D	Grant	3.4K	$27.78
2025-05-21	Foran Matthew R	Grant	3.4K	$27.78
2025-05-21	McBride Lura E	Grant	3.4K	$27.78
2025-05-15	Hernandez Steven Dennis	Tax withheld	485	$28.52
2025-04-18	Martin Eric J	Tax withheld	636	$27.20
2025-03-31	Stephenson Julie A	Tax withheld	6.8K	$29.46
2025-03-24	Ruehle Corey Lynn	L	1	$29.07
2025-03-24	MILLIGAN GEORGE D	L	157	$29.07
2025-03-24	Clancy Brenda Kay	L	0	$29.07
2025-03-24	BESONG JOHN PAUL E	L	51	$29.07
2025-03-20	Leidwinger Kevin James	Tax withheld	844	$29.04
2025-03-20	Madsen Sarah E	Tax withheld	729	$29.04
2025-03-20	Stephenson Julie A	Tax withheld	1.3K	$29.04
2025-03-20	Ruehle Corey Lynn	Tax withheld	496	$29.04
2025-03-20	Leidwinger Kevin James	Tax withheld	2.6K	$29.04
2025-03-20	Martin Eric J	Tax withheld	1.2K	$29.04
2025-03-15	Hernandez Steven Dennis	Tax withheld	2.3K	$29.13
2025-03-06	McIntyre Dee Ann	Sell	2.5K	$28.33
2025-03-06	Drahozal Christopher R	Sell	2.5K	$28.33
2025-03-05	Drahozal Christopher R	Sell	2.5K	$28.09
2025-03-05	McIntyre Dee Ann	Sell	2.5K	$28.09
2025-03-04	Drahozal Christopher R	Sell	2.5K	$27.31
2025-03-04	McIntyre Dee Ann	Sell	2.5K	$27.31
2025-03-04	McIntyre Dee Ann	Sell	4.2K	$38.49
2025-03-03	McIntyre Dee Ann	Sell	4.2K	$37.94
2025-02-21	Vogt Adam M	Grant	1.4K	$25.47
2025-02-21	Hernandez Steven Dennis	Grant	4.7K	$25.47
2025-02-21	Ruehle Corey Lynn	Grant	4.1K	$25.47
2025-02-21	Madsen Sarah E	Grant	5.9K	$25.47
2025-02-21	Martin Eric J	Grant	10K	$25.47
2025-02-21	Stephenson Julie A	Grant	13K	$25.47
2025-02-21	Leidwinger Kevin James	Grant	33K	$25.47
2025-02-18	Ruehle Corey Lynn	Tax withheld	355	$27.26
2025-02-18	Madsen Sarah E	Tax withheld	266	$27.26
2025-02-14	NOYCE JAMES	Buy	2.0K	$26.97
2025-02-14	MILLIGAN GEORGE D	Buy	3.5K	$26.97
2024-12-31	Leidwinger Kevin James	Tax withheld	2.6K	$28.45

All non-derivative Form 4 activity (SEC), newest first.

Notable events (8-K)

Date	Items
2026-05-26	Exec/director changeExhibits	filing ↗
2026-05-20	Shareholder voteReg FDOtherExhibits	filing ↗
2026-05-05	ResultsExhibits	filing ↗
2026-04-21	OtherExhibits	filing ↗
2026-02-11	ResultsOtherExhibits	filing ↗
2026-01-26	OtherExhibits	filing ↗
2025-11-21	OtherExhibits	filing ↗
2025-11-04	ResultsExhibits	filing ↗

Recent filings

Form	Filed	Period	Accession
8-K	2026-05-26	2026-05-20	0000101199-26-000037 ↗
8-K	2026-05-20	2026-05-20	0000101199-26-000034 ↗
10-Q	2026-05-06	2026-03-31	0000101199-26-000031 ↗
8-K	2026-05-05	2026-05-05	0000101199-26-000029 ↗
8-K	2026-04-21	2026-04-21	0000101199-26-000025 ↗
10-K	2026-02-26	2025-12-31	0000101199-26-000015 ↗
8-K	2026-02-11	2026-02-09	0000101199-26-000006 ↗
8-K	2026-01-26	2026-01-26	0000101199-26-000003 ↗
8-K	2025-11-21	2025-11-21	0000101199-25-000075 ↗
10-Q	2025-11-05	2025-09-30	0000101199-25-000072 ↗
8-K	2025-11-04	2025-11-04	0000101199-25-000069 ↗
8-K	2025-10-23	2025-10-23	0000101199-25-000065 ↗