8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 22, 2022

United Fire Group Inc.

(Exact name of registrant as specified in its charter)

Iowa	001-34257	45-2302834
(State of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)	118 Second Avenue SE
---	---	---
Cedar Rapids	Iowa	52401
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (319) 399-5700

_N/A__

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities Registered Pursuant to Section 12(b) of the Exchange Act:

Title of each class	Trading Symbol	Name of each exchange on which registered
Common Stock, $0.001 par value	UFCS	The NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Retirement of Randy Ramlo as President, Chief Executive Officer

On February 22, 2022, Randy Ramlo notified United Fire Group, Inc. (the "Company" or "UFG") of his decision to retire as President, Chief Executive Officer, effective October 31, 2022. The Company's Board of Directors approved the vesting of all of Mr. Ramlo''s previously unvested restricted stock units and nonqualified stock options. Mr. Ramlo's nonqualified stock options have been modified to set an expiration date of November 1, 2024. The Board of Directors did not accelerate the vesting of any unvested performance stock units and such unvested units will expire at Mr. Ramlo's retirement date pursuant to the terms of the applicable award agreement.

Item 7.01 Regulation FD Disclosure.

On February 22, 2022, the Company issued a press release announcing the retirement of Mr. Ramlo effective October 31, 2022. A copy of the press release is being furnished with this Current Report on Form 8-K as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit 99.1	Press release of United Fire Group, Inc. dated Febr uar y 2 2 , 2022.
Exhibit 104	Cover Page Interactive Data File (embedded within the Inline XBRL document.)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		United Fire Group, Inc.
		(Registrant)
Dated:	February 22, 2022	/s/ Randy A. Ramlo
		Randy A. Ramlo, Chief Executive Officer

Document

Exhibit 99.1

Randy Ramlo to retire as CEO of United Fire Group in 2022

Ramlo to continue in his role until a successor is named

CEDAR RAPIDS, Iowa — February 22, 2022 — Today, United Fire Group, Inc. (Nasdaq: UFCS) (“UFG”) President and Chief Executive Officer Randy Ramlo announced he will retire from the company in 2022. A long-term UFG employee, Mr. Ramlo has served in his current role since May 2007.

“It has been an honor to serve as CEO and I am proud of the growth and success of the company during my tenure,” Ramlo said. “After 15 years as CEO, the time is right to retire. I am looking forward to helping a new leader continue moving our business – and our culture – into the future.”

Mr. Ramlo joined UFG in 1984 as an underwriter. Since then, he has held a variety of leadership roles, including vice president of fidelity and surety and chief operating officer. Mr. Ramlo has been instrumental in building “One UFG,” the company’s strategic plan that prioritizes long-term profitability, diversified growth and continuous innovation in an ever-changing industry.

“I want to thank Randy for his leadership and dedication to our company,” said Jim Noyce, chairman of the UFG board of directors. “His knowledge of our industry, combined with his ability to build long-lasting relationships, has served our company and its employees, agents, policyholders and shareholders well. He leaves us in a good position to build value well into the future.”

Mr. Ramlo will continue in his current role until a successor is named and intends to remain in a consulting role to the company during the transition process following the appointment of a new CEO. Mr. Ramlo’s anticipated retirement date from UFG is October 31, 2022, pending the successful completion of an executive search process for his successor.

About UFG

Founded in 1946 as United Fire & Casualty Company, UFG, through its insurance company subsidiaries, is engaged in the business of writing property and casualty insurance.

Through our subsidiaries, we are licensed as a property and casualty insurer in 50 states, plus the District of Columbia, and we are represented by approximately 1,000 independent agencies. A.M. Best Company assigns a rating of "A" (Excellent) for members of the United Fire & Casualty Group.

For more information about UFG, visit www.ufginsurance.com or contact:

Randy Patten, AVP and Interim Co-Chief Financial Officer, 319-286-2537 or IR@unitedfiregroup.com.