CEO Jesse Correll Buys $283,672 of UTG Stock at $59
UTGN has more than doubled off its 52-week low of $23.35 on light trading volume (0.2× avg).
Summary
CEO Jesse Correll bought $283,672 worth of UTG stock at $59 per share, a direct open-market purchase signaling confidence.
Key Events · Ownership and Investor Activity · UTGN
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CEO Open-Market Purchase
Jesse T. Correll, Chairman and CEO, bought 4,808 shares at $59.00 per share for $283,672 on August 18, 2026.
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Purchase via First Southern Funding
The shares were acquired indirectly through First Southern Funding, LLC, where Correll is President and Manager.
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Post-Transaction Holdings
Following the purchase, Correll's indirect holdings through First Southern Funding, LLC total 496,615 shares.
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Insider Conviction
This is a direct open-market purchase, not an option exercise or routine grant, indicating personal conviction in the company's prospects.
Analysis · UTGN · Finance
Chairman and CEO Jesse T. Correll purchased 4,808 shares at $59.00 per share, totaling $283,672, through First Southern Funding, LLC. This is a direct open-market purchase, not an option exercise or routine grant, indicating personal conviction in the company's prospects. The transaction represents approximately 0.15% of the company's market capitalization, a meaningful insider buy for a micro-cap company.
How filings like this one have moved
In the 30 days to Aug 22, 2026, 29.1% of the 2927 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.02%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, UTGN was trading at $59.00 on OTC in the Finance sector, with a market capitalization of approximately $184.8M. The 52-week trading range was $23.35 to $65.73. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.