Form 4: Universal Insurance Director Richard Peterson Acquires 2,404 Restricted Shares

Universal Insurance Holdings, Inc. Director Richard D. Peterson has acquired 2,404 shares of common stock as restricted shares, signaling continued insider investment in the company.

Summary

• Richard D. Peterson, a Director of Universal Insurance Holdings, Inc. (UVE), acquired 2,404 shares of common stock on June 12, 2025.
• These shares were acquired at a price of $0, indicating they are restricted shares, likely granted as part of compensation or a retention program.
• The acquired restricted shares are subject to a vesting schedule, which will occur on the earlier of June 12, 2026, or the date of the next annual meeting that is at least 50 weeks after the immediately preceding year's annual meeting.
• Following this transaction, Mr. Peterson directly beneficially owns 16,312 shares of common stock.
• Additionally, Mr. Peterson indirectly beneficially owns 10,174 shares through The RDP Revocable Trust dated August 11, 2011, for which he is the grantor and sole trustee, and his children are the beneficiaries.

Sentiment

Score: 7

Explanation: The sentiment is positive due to a director's acquisition of shares, which typically signals confidence in the company's future. The shares being restricted and granted at $0 indicates an equity incentive, aligning management interests with shareholders.

Positives

• The acquisition of 2,404 shares by a director indicates continued insider confidence in the company's future prospects.
• The grant of restricted shares at a $0 price suggests a commitment by the company to align management interests with shareholder value through equity incentives.

Risks

• The acquired shares are restricted and subject to a vesting schedule, meaning they are not immediately liquid for the reporting person.

Future Outlook

The acquired restricted shares are set to vest on the earlier of June 12, 2026, or the date of the next annual meeting that is at least 50 weeks after the immediately preceding year's annual meeting, indicating a future milestone for the director's equity holdings.

Related Party Transactions

• Richard D. Peterson indirectly beneficially owns 10,174 shares through The RDP Revocable Trust dated August 11, 2011, where he is the grantor and sole trustee, and his children are the beneficiaries. This represents a related party holding.

Stakeholder Impact

• Shareholders may view this insider acquisition as a positive indicator of management's belief in the company's value and future growth, potentially boosting investor confidence.

Next Steps

• The vesting of the 2,404 restricted shares will occur on the earlier of June 12, 2026, or the date of the next annual meeting that is at least 50 weeks after the immediately preceding year's annual meeting.

Key Dates

Recommendation

Keywords

Universal Insurance Holdings, UVE, Richard D. Peterson, Insider Trading, SEC Form 4, Restricted Stock, Director Share Acquisition, Equity Compensation, Beneficial Ownership