Sec Form 4 Filing - GLOBUS KENNETH H @ UNITED GUARDIAN INC - 2018-09-24

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person GLOBUS KENNETH H 2. Issuer Name and Ticker or Trading Symbol UNITED GUARDIAN INC [ UG] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director X __ 10% Owner X __ Officer (give title below) _____ Other (specify below) President (Last) (First) (Middle) C/O UNITED-GUARDIAN, INC., 230 MARCUS BLVD., P.O. BOX 18050 3. Date of Earliest Transaction (MM/DD/YY) 09/24/2018 (Street) HAUPPAUGE, NY11788 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 09/24/2018 G 5,620 D $ 0 1,362,053 ( 1 ) I ( 1 ) 301,026 shares held by wife; 760,000 shares as trustee ( 1 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other GLOBUS KENNETH H C/O UNITED-GUARDIAN, INC. 230 MARCUS BLVD., P.O. BOX 18050 HAUPPAUGE, NY11788 X X President Signatures /s/ Ken Globus 09/25/2018 Signature of Reporting Person Date

Explanation of Responses:

( 1 )After the transfer of the 5,620 shares being gifted, Reporting Person's Direct ownership is 301,027 shares, and Indirect ownership is 1,061,026 shares. Of the Indirect ownership, 301,026 share are owned by the wife of the Reporting Person, and 760,000 shares are under the direct control of the Reporting Person as co-trustee of the Alfred R. Globus Testamentary Trust.

Remarks: Since this form doesn't allow detailed explanations if "Direct" ownership" is indicated in box 10, Reporting Person has used "Indirect" in box 10 so that a more detailed explanation of Reporting Person's ownership can be described. As a result, there are 301,027 shares that are owned Directly by Reporting Person, and the balance of the 1,362,053 shares are beneficially owned by Reporting person due to the ownership of 301,026 shares by Reporting Person's wife, and 760,000 shares owned by the Alfred R. Globus Testamentary Trust, of which the Reporting Person is a co-trustee.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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