Form 4: Universal Insurance Holdings CEO Stephen Donaghy Reports Stock Transactions
SEC Form 4 Filing
CEO Stephen Donaghy reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 27, 2025, Stephen Donaghy, CEO of Universal Insurance Holdings, reported transactions involving the company's common stock.
- 14,598 restricted stock units (RSUs) vested, each representing the right to receive one share of common stock.
- 5,745 shares were withheld to satisfy tax obligations related to the vesting of these RSUs at a price of $22.85 per share.
- Following these transactions, Donaghy directly owns 711,247 shares of Universal Insurance Holdings common stock and 29,196 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The remaining RSUs are scheduled to vest in two equal installments on March 27, 2026, and March 27, 2027, subject to continued employment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 03/27/2025 | Date of RSU vesting and stock transactions. |
| 03/27/2025 | 14,598 shares vested. |
| 03/27/2026 | 14,598 shares scheduled to vest. |
| 03/27/2027 | 14,598 shares scheduled to vest. |
| 03/31/2025 | Date of Form 4 signature. |
Keywords
Form 4, Stephen Donaghy, Universal Insurance Holdings, UVE, Restricted Stock Units, RSU, Beneficial Ownership, Insider Trading
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