Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-09-08

UNITED FIRE GROUP INC (UFCS)

CEO Kevin Leidwinger was paid $3,896,774 in fiscal year 2025, ↑ up 8.2% from fiscal year 2024, the 1st percentile of its disclosed peer group (SEC filing 0000101199-26-000020 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$3,896,774 ↑
Kevin Leidwinger total, FY2025
1st
CEO pay percentile vs peers
37.6:1
CEO-to-median pay ratio
98.5%
Say-on-pay support, latest vote

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- Kevin Leidwinger (President/Chief Executive Officer), FY2025 total compensation $3,896,774 (base salary $821,000) [exec_comp, SEC accession 0000101199-26-000020, filed 2026-04-07]

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UFCS's next annual pay disclosure, estimated April 6, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Kevin Leidwinger$821,000$0$1,656,008$0$1,350,934$18,555$50,277$3,896,774
President/Chief Executive Officer
Julie Stephenson610,74760,400677,5520876,89517,23427,2622,270,090
EVP/Chief Operating Officer
Eric Martin514,09030,000518,4680503,26117,82029,1831,612,822
EVP/Chief Financial Officer
Sarah Madsen397,3110301,5640372,03120,76416,4621,108,132
SVP/Chief Legal Officer
Steven Hernandez395,1060239,0620269,06716,41116,832936,478
SVP/Chief Human Resources Officer
Corey Ruehle250,7000207,3760021,039443,053922,168
Former SVP/Chief Claim Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Kevin Leidwinger$3,896,774$3,602,216$2,750,297↑ +294,558
Julie Stephenson2,270,0902,059,7553,167,125↑ +210,335
Eric Martin1,612,8221,497,2031,116,653↑ +115,619
Sarah Madsen1,108,1321,023,764—↑ +84,368
Steven Hernandez936,4781,137,090—↓ −200,612
Corey Ruehle922,168———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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$3,896,774 Kevin Leidwinger total, FY2025

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Data as of September 8, 2026 · Source: 0000101199-26-000020 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

Reports for UFCS

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Executive Compensation ReportThe free page is the headline figures. The report is every award, peer and vote combined into one document you can hand to a committee.$1,500 →Reverse Peer AnalysisThe free page is the one line. The analysis reads every company that names this one in its own peer group.$299 →Peer Teardown ReportThe free page is the headline. The teardown reads every company in the disclosed peer group on its own numbers.$199 →
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01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Corey RuehleSVP/Chief Claim Officer$922,168
Eric MartinCFO$1,612,822
Julie StephensonCOO$2,270,090
Kevin LeidwingerCEO$3,896,774
Sarah MadsenGeneral Counsel$1,108,132
Steven HernandezExecutive$936,478
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Brenda K. ClancyIndependent Director$205,806
Christopher R. DrahozalIndependent Director$184,806
George D. MilliganIndependent Director$198,806
Gilda L. SpencerIndependent Director$113,504
James W. NoyceChair of the Board$264,806
John-Paul E. BesongIndependent Director$180,806
Lura E. McBrideIndependent Director$180,806
Mark A. GreenIndependent Director$198,806
Matthew R. ForanIndependent Director$189,806
Scott L. CarltonIndependent Director$189,806
Susan E. VossIndependent Director$197,306
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Steven HernandezChief Human Resources Officer2026-05-15D485$48$23,309CommonForm 4 ↗
Lura E. McBrideDirector2026-05-20A2,08248100,019CommonForm 4 ↗
Scott L. CarltonDirector2026-05-20A2,08248100,019CommonForm 4 ↗
Gilda L. SpencerDirector2026-05-20A2,08248100,019CommonForm 4 ↗
Susan E. VossDirector2026-05-20A2,08248100,019CommonForm 4 ↗
James W. NoyceDirector2026-05-20A2,08248100,019CommonForm 4 ↗
George D. MilliganDirector2026-05-20A2,08248100,019CommonForm 4 ↗
Mark A. GreenDirector2026-05-20A2,08248100,019CommonForm 4 ↗
Matthew R. ForanDirector2026-05-20A2,08248100,019CommonForm 4 ↗
Christopher R. DrahozalDirector2026-05-20A2,08248100,019CommonForm 4 ↗
Brenda K. ClancyDirector2026-05-20A2,08248100,019CommonForm 4 ↗
George D. MilliganDirector2026-06-05A4,50045203,535CommonForm 4 ↗
Adam M. VogtVP - Chief Accounting Officer2026-07-01D159538,494CommonForm 4 ↗
Scott L. CarltonDirector2026-09-03D9,77756542,799Common, open-market saleForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Julie StephensonPSU2025-02-211,33013,301—26,602$338,776
Kevin LeidwingerRSU2025-02-21——32,509—828,004
Julie StephensonRSU2025-02-21——13,301—338,776
Eric MartinPSU2025-02-211,01810,178—20,356259,234
Eric MartinRSU2025-02-21——10,178—259,234
Kevin LeidwingerPSU2025-02-213,25132,509—65,018828,004
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Julie Stephenson$338,776$338,776$050.0%
Kevin Leidwinger828,004828,004050.0%
Eric Martin259,234259,234050.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Steven HernandezRSU1,955—$71,064
Steven HernandezRSU3,305—120,137
Kevin LeidwingerRSU18,190—661,207
Julie StephensonOption4,34428.39—
Eric MartinPSU20,356—739,941
Eric MartinRSU7,594—276,042
Kevin LeidwingerRSU65,018—2,363,404
Kevin LeidwingerPSU54,570—1,983,620
Kevin LeidwingerRSU32,509—1,181,702
Julie StephensonPSU29,770—1,082,140
Julie StephensonPSU26,602—966,983
Eric MartinPSU22,780—828,053
Julie StephensonRSU13,301—483,491
Kevin LeidwingerRSU13,209—480,147
Julie StephensonRSU5,116—185,967
Steven HernandezPSU13,062—474,804
Steven HernandezPSU11,840—430,384
Eric MartinRSU10,178—369,970
Julie StephensonRSU9,924—360,737
Steven HernandezRSU1,343—48,818
Steven HernandezPSU9,914—360,374
Steven HernandezRSU9,639—350,378
Steven HernandezPSU9,386—341,181
Eric MartinOption2,71428.39—
Kevin LeidwingerRSU6,064—220,426
Steven HernandezRSU5,920—215,192
Steven HernandezRSU4,693—170,591
Steven HernandezRSU4,354—158,268
Julie StephensonRSU3,540—128,679
Eric MartinRSU3,197—116,211
Eric MartinRSU2,212—80,406
Kevin LeidwingerOption11,21628.39—
Steven HernandezOption1,66028.39—
05

Incentive-plan design — the Compensation Discussion & Analysis

The executive compensation program is designed to link executive compensation to the Company's performance and align the interests of named executive officers with those of shareholders, using a balance of short- and long-term performance metrics.

CEO STI target (% of salary)125%
CEO LTI target (% of salary)—
Independent consultantMercer LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-2020,096,679306,48612,29798.5%Passed
20252025-05-2118,516,805639,90312,37496.66%Passed
20242024-05-1520,644,827565,00420,64297.34%Passed
20232023-05-1721,341,426636,20038,12597.11%Passed
20222022-05-1821,420,716117,25816,65799.46%Passed
20212021-05-1921,414,791378,72837,69698.26%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2098.5%a
20252025-05-2196.66%b
20242024-05-1597.34%c

a. Approved under the standard stated in the filing — “In tabulating the voting results for the resolution regarding executive compensation, abstentions will not affect the voting results on this proposal because only "FOR" and "AGAINST" votes are counted as votes cast.”.

b. Approved under the standard stated in the filing — “In tabulating the voting results for the resolution regarding executive compensation, abstentions will not affect the voting results on this proposal because only "FOR" and "AGAINST" votes are counted as votes cast.”.

c. Approved under the standard stated in the filing — “In tabulating the voting results for the resolution regarding executive compensation, abstentions will not affect the voting results on this proposal because only "FOR" and "AGAINST" votes are counted as votes cast.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)37.6 : 1
CEO total compensation$3,896,774
Median employee compensation$103,628
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
James W. NoyceIndependent · Board Chair · Compensation and Human Capital Committee · Executive Committee (Chair) · Nominating and Governance Committee$173,000$91,806$0$0$0$264,806
Brenda K. ClancyIndependent · Compensation and Human Capital Committee · Executive Committee114,00091,806000205,806
George D. MilliganIndependent · Audit Committee · Executive Committee · Investment Committee · Nominating and Governance Committee (Chair)107,00091,806000198,806
Mark A. GreenIndependent · Compensation and Human Capital Committee · Investment Committee (Chair) · Nominating and Governance Committee · Risk Management Committee107,00091,806000198,806
Susan E. VossIndependent · Compensation and Human Capital Committee (Chair) · Investment Committee · Risk Management Committee105,50091,806000197,306
Scott L. CarltonIndependent · Compensation and Human Capital Committee · Executive Committee · Investment Committee98,00091,806000189,806
Matthew R. ForanIndependent · Investment Committee · Risk Management Committee (Chair)98,00091,806000189,806
Christopher R. DrahozalIndependent · Audit Committee · Executive Committee · Risk Management Committee93,00091,806000184,806
Lura E. McBrideIndependent · Compensation and Human Capital Committee · Nominating and Governance Committee89,00091,806000180,806
John-Paul E. BesongIndependent · Audit Committee · Risk Management Committee89,00091,806000180,806
Gilda L. SpencerIndependent · Compensation and Human Capital Committee · Risk Management Committee · Partial-year service42,25071,254000113,504
Kevin J. LeidwingerEmployee director · Executive Committee · Investment Committee · Risk Management Committee000—00
09

Board fee structure and ownership guideline

Annual cash retainer—
Annual equity retainer—
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)—
Stock ownership guidelineEach candidate must be willing to make, and financially capable of making, an investment in Company Common Stock as required by the non-employee director stock ownership guidelines adopted by our Board of Directors.
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,115,750
Equity awards (grant-date value)$989,314
All other compensation$0
Total cost of the board$2,105,064

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies UNITED FIRE GROUP INC names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including UNITED FIRE GROUP INC.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Horace Mann Educators Corporation2025Marita Zuraitis$1,040,000$3,328,000$832,000$3,139,500$8,453,113
2Tiptree Inc.2025Michael Barnes1,200,0001,317,81805,651,6208,215,284
3White Mountains Insurance Group Ltd.2025G. Manning Rountree600,0005,954,61801,200,0008,064,309
4RLI Corp.2025Craig Kliethermes677,5960831,8056,075,3197,691,732
5Kinsale Capital Corporation2025Michael Kehoe1,250,0002,749,589007,423,891
6ProAssurance Corporation2024Edward L. Rand, Jr.1,029,2312,593,35502,496,0006,226,834
7Heritage Insurance Holdings, Inc.2025Ernie Garateix875,5002,757,82401,663,4505,341,897
8Universal Insurance Holdings, Inc.2025Stephen Donaghy1,000,0001,750,01402,406,8445,240,829
9Global Indemnity Group, LLC2025Joseph Brown1,000,0000494,50004,001,790
10UNITED FIRE GROUP INC2025Kevin Leidwinger821,0001,656,00801,350,9343,896,774
—Safety Insurance Group, Inc.——————not in coverage universe
—Donegal Group Inc.——————not in coverage universe
—Employers Holdings, Inc.——————not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
UNITED FIRE GROUP INC130%PSU 50 · RSU 50NoMercer LLC
Donegal Group Inc.not disclosednot disclosednot disclosednot disclosed
Employers Holdings, Inc.not disclosednot disclosednot disclosednot disclosed
Global Indemnity Group, LLC76%not disclosedNonot disclosed
Heritage Insurance Holdings, Inc.158%PSU 62 · RSU 38Nonot disclosed
Horace Mann Educators Corporationnot disclosedPSU 60 · Options 20 · RSU 20Yes — TSRCompensation Advisory Partners LLC (CAP)
Kinsale Capital Corporation272%RSU 100not disclosedSemler Brossy
ProAssurance Corporation200%PSU 50 · RSU 50NoF.W. Cook
RLI Corp.not disclosedOption 100not disclosedLockton Financial Advisors, LLC
Safety Insurance Group, Inc.not disclosednot disclosednot disclosednot disclosed
Tiptree Inc.not disclosednot disclosedNoCAP
Universal Insurance Holdings, Inc.160.5%PSU 50 · RSU 50Nonot disclosed
White Mountains Insurance Group Ltd.200%PSU 50 · RSU 50Nonot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at UNITED FIRE GROUP INC in fiscal 2025?
As disclosed, Kevin Leidwinger (President/Chief Executive Officer) was the highest-paid executive at UNITED FIRE GROUP INC in fiscal 2025, with total compensation of $3,896,774.
How does UNITED FIRE GROUP INC's chief executive pay compare to its disclosed peer group?
As disclosed, Kevin Leidwinger's total compensation ranked at the 1st percentile of UNITED FIRE GROUP INC's disclosed peer group.
What is UNITED FIRE GROUP INC's CEO-to-median employee pay ratio?
As disclosed, UNITED FIRE GROUP INC's CEO-to-median employee pay ratio was 37.6:1.
How did shareholders vote on UNITED FIRE GROUP INC's executive compensation?
As disclosed, 98.5% of shareholders supported UNITED FIRE GROUP INC's executive compensation in the latest say-on-pay vote.
How much does UNITED FIRE GROUP INC spend in total on board compensation for fiscal 2025?
As disclosed, UNITED FIRE GROUP INC reported total board compensation of $2,105,064 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Kevin LeidwingerDEF 14A2026-04-070000101199-26-000020Section “Summary Compensation Table — 2025”. As printed: 3,896,774. Filing ↗machine: r2 · c54 · span 775843–775852
2Section 01, Julie StephensonDEF 14A2026-04-070000101199-26-000020Section “Summary Compensation Table — 2025”. As printed: 2,270,090. Filing ↗machine: r8 · c54 · span 797635–797644
3Section 01, Eric MartinDEF 14A2026-04-070000101199-26-000020Section “Summary Compensation Table — 2025”. As printed: 1,612,822. Filing ↗machine: r5 · c54 · span 786704–786713
4Section 01, Sarah MadsenDEF 14A2026-04-070000101199-26-000020Section “Summary Compensation Table — 2025”. As printed: 1,108,132. Filing ↗machine: r13 · c54 · span 816109–816118
5Section 01, Steven HernandezDEF 14A2026-04-070000101199-26-000020Section “Summary Compensation Table — 2025”. As printed: 936,478. Filing ↗machine: r11 · c54 · span 808579–808586
6Section 01, Corey RuehleDEF 14A2026-04-070000101199-26-000020Section “Summary Compensation Table — 2025”. As printed: 922,168. Filing ↗machine: r15 · c54 · span 823296–823303
7Section 03, Julie Stephenson PSUDEF 14A2026-04-070000101199-26-000020Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t40 · r9 · c22 · span 882834–882841
8Section 03, Kevin Leidwinger RSUDEF 14A2026-04-070000101199-26-000020Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t40 · r3 · c22 · span 860546–860553
9Section 03, Julie Stephenson RSUDEF 14A2026-04-070000101199-26-000020Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t40 · r9 · c22 · span 882834–882841
10Section 03, Eric Martin PSUDEF 14A2026-04-070000101199-26-000020Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t40 · r6 · c22 · span 871775–871782
11Section 03, Eric Martin RSUDEF 14A2026-04-070000101199-26-000020Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t40 · r6 · c22 · span 871775–871782
12Section 03, Kevin Leidwinger PSUDEF 14A2026-04-070000101199-26-000020Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t40 · r3 · c22 · span 860546–860553
13Section 07, pay ratioDEF 14A2026-04-070000101199-26-000020Section “CEO Pay Ratio”. As printed: 37.6 : 1. Filing ↗machine: span 1182177–1182186
14Section 08, James W. NoyceDEF 14A2026-04-070000101199-26-000020Section “Director Compensation”. As printed: 264,806. Filing ↗machine: span 1358758–1359122
15Section 08, Brenda K. ClancyDEF 14A2026-04-070000101199-26-000020Section “Director Compensation”. As printed: 205,806. Filing ↗machine: span 1341960–1342324
16Section 08, George D. MilliganDEF 14A2026-04-070000101199-26-000020Section “Director Compensation”. As printed: 198,806. Filing ↗machine: span 1355960–1356324
17Section 08, Mark A. GreenDEF 14A2026-04-070000101199-26-000020Section “Director Compensation”. As printed: 198,806. Filing ↗machine: span 1350359–1350723
18Section 08, Susan E. VossDEF 14A2026-04-070000101199-26-000020Section “Director Compensation”. As printed: 197,306. Filing ↗machine: span 1364256–1364620
19Section 08, Scott L. CarltonDEF 14A2026-04-070000101199-26-000020Section “Director Compensation”. As printed: 189,806. Filing ↗machine: span 1339160–1339524
20Section 08, Matthew R. ForanDEF 14A2026-04-070000101199-26-000020Section “Director Compensation”. As printed: 189,806. Filing ↗machine: span 1347562–1347926
21Section 08, Christopher R. DrahozalDEF 14A2026-04-070000101199-26-000020Section “Director Compensation”. As printed: 184,806. Filing ↗machine: span 1344766–1345130
22Section 08, Lura E. McBrideDEF 14A2026-04-070000101199-26-000020Section “Director Compensation”. As printed: 180,806. Filing ↗machine: span 1353158–1353522
23Section 08, John-Paul E. BesongDEF 14A2026-04-070000101199-26-000020Section “Director Compensation”. As printed: 180,806. Filing ↗machine: span 1336257–1336673
24Section 08, Gilda L. SpencerDEF 14A2026-04-070000101199-26-000020Section “Director Compensation”. As printed: 113,504. Filing ↗machine: span 1361442–1361806
25Section 08, Kevin J. LeidwingerDEF 14A2026-04-070000101199-26-000020Section “Director Compensation”. As printed: 0. Filing ↗
26Section 02, Steven Hernandez 2026-05-15Form 42026-05-190002034774-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Lura E. McBride 2026-05-20Form 42026-05-220001812082-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Scott L. Carlton 2026-05-20Form 42026-05-220001550220-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Gilda L. Spencer 2026-05-20Form 42026-05-220002083417-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Susan E. Voss 2026-05-20Form 42026-05-220001601293-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, James W. Noyce 2026-05-20Form 42026-05-220001201561-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, George D. Milligan 2026-05-20Form 42026-05-220001023710-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Mark A. Green 2026-05-20Form 42026-05-220001676131-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Matthew R. Foran 2026-05-20Form 42026-05-220001911740-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Christopher R. Drahozal 2026-05-20Form 42026-05-220001450669-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Brenda K. Clancy 2026-05-20Form 42026-05-220001688643-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, George D. Milligan 2026-06-05Form 42026-06-090001023710-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Adam M. Vogt 2026-07-01Form 42026-07-060002045066-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Scott L. Carlton 2026-09-03Form 42026-09-080001550220-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
40Section 06, 2026 voteForm 8-K2026-05-200000101199-26-000034Item 5.07 · say-on-pay result. As reported: 98.5% (votes for as printed: 20,096,679). Filing ↗
41Section 06, 2025 voteForm 8-K2025-05-210000101199-25-000032Item 5.07 · say-on-pay result. As reported: 96.66% (votes for as printed: 18,516,805). Filing ↗
42Section 06, 2024 voteForm 8-K2024-05-160000101199-24-000036Item 5.07 · say-on-pay result. As reported: 97.34% (votes for as printed: 20,644,827). Filing ↗
43Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
44Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
45Section 09b board cost (computed)Computed——Cash 1,115,750 + equity 989,314 + all other 0 = 2,105,064, summed across the director compensation table rows.machine: formula: Σ = 2,105,064
46Horace Mann Educators Corporation, Section 10b CEO totalDEF 14A2026-04-060000850141-26-000014CEO total compensation as printed in Horace Mann Educators Corporation's own proxy. As printed: 8,453,113. Filing ↗machine: r2 · c24 · span 614401–614410
47Tiptree Inc., Section 10b CEO totalDEF 14A2026-03-160001393726-26-000015CEO total compensation as printed in Tiptree Inc.'s own proxy. As printed: 8,215,284. Filing ↗machine: r2 · c29 · span 1072009–1072018
48White Mountains Insurance Group Ltd., Section 10b CEO totalDEF 14A2026-04-010001104659-26-038487CEO total compensation as printed in White Mountains Insurance Group Ltd.'s own proxy. As printed: 8,064,309. Filing ↗machine: r1 · c17 · span 467331–467340
49RLI Corp., Section 10b CEO totalDEF 14A2026-03-260001104659-26-035213CEO total compensation as printed in RLI Corp.'s own proxy. As printed: 7,691,732. Filing ↗machine: r9 · c18 · span 1221310–1221319
50Kinsale Capital Corporation, Section 10b CEO totalDEF 14A2026-04-090001669162-26-000020CEO total compensation as printed in Kinsale Capital Corporation's own proxy. As printed: 7,423,891. Filing ↗machine: r3 · c42 · span 299293–299302
51ProAssurance Corporation, Section 10b CEO totalDEF 14A2025-04-110001875246-25-000023CEO total compensation as printed in ProAssurance Corporation's own proxy. As printed: 6,226,834. Filing ↗machine: t35 · r3 · c9 · span 415811–415820
52Heritage Insurance Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-300001193125-26-197339CEO total compensation as printed in Heritage Insurance Holdings, Inc.'s own proxy. As printed: 5,341,897. Filing ↗machine: r2 · c27 · span 259277–259286
53Universal Insurance Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-240001193125-26-177529CEO total compensation as printed in Universal Insurance Holdings, Inc.'s own proxy. As printed: 5,240,829. Filing ↗machine: span 525027–525036
54Global Indemnity Group, LLC, Section 10b CEO totalDEF 14A2026-04-290001193125-26-191942CEO total compensation as printed in Global Indemnity Group, LLC's own proxy. As printed: 4,001,790. Filing ↗machine: r2 · c38 · span 274562–274571
55UNITED FIRE GROUP INC (subject), Section 10b CEO totalDEF 14A2026-04-070000101199-26-000020CEO total compensation as printed in UNITED FIRE GROUP INC's own proxy. As printed: 3,896,774. Filing ↗machine: r2 · c54 · span 775843–775852
56Section 10a, Heritage Insurance Holdings, Inc. reciprocityDEF 14A—0001193125-22-133773Heritage Insurance Holdings, Inc. names UNITED FIRE GROUP INC in its own disclosed peer group (read from its most recent proxy). Filing ↗
57Section 10a, ProAssurance Corporation reciprocityDEF 14A—0001875246-25-000023ProAssurance Corporation names UNITED FIRE GROUP INC in its own disclosed peer group (read from its most recent proxy). Filing ↗
58Section 10a, RLI Corp. reciprocityDEF 14A—0001104659-26-035213RLI Corp. names UNITED FIRE GROUP INC in its own disclosed peer group (read from its most recent proxy). Filing ↗
59Section 10a, Universal Insurance Holdings, Inc. reciprocityDEF 14A—0001193125-23-127177Universal Insurance Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include UNITED FIRE GROUP INC. Filing ↗
60Section 10a, Global Indemnity Group, LLC reciprocityDEF 14A—0001193125-26-191942Global Indemnity Group, LLC names UNITED FIRE GROUP INC in its own disclosed peer group (read from its most recent proxy). Filing ↗
61Section 10a, Horace Mann Educators Corporation reciprocityDEF 14A—0000850141-26-000014Horace Mann Educators Corporation names UNITED FIRE GROUP INC in its own disclosed peer group (read from its most recent proxy). Filing ↗
62Section 10a, White Mountains Insurance Group Ltd. reciprocityDEF 14A—0001104659-26-038487White Mountains Insurance Group Ltd.'s most recent proxy was read; its disclosed peer group does not include UNITED FIRE GROUP INC. Filing ↗

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