Form 4: UVE Executive Chairman Sells 20,000 Shares

Universal Insurance Holdings' Executive Chairman, Sean P. Downes, reported the sale of 20,000 shares of common stock under a Rule 10b5-1 plan.

Summary

• Sean P. Downes, Executive Chairman and Director of Universal Insurance Holdings, Inc. (UVE), reported a sale of common stock.
• The transaction involved the disposition of 20,000 shares of UVE common stock.
• The shares were sold on December 19, 2025, at a weighted average price of $33.8158 per share.
• Individual sale prices ranged from $33.46 to $34.43.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.
• Following the transaction, Mr. Downes directly beneficially owns 1,243,512 shares of common stock.
• Additionally, 2,000 shares are indirectly owned by his spouse and 18,000 shares by his children.

Sentiment

Score: 5

Explanation: The filing reports a pre-scheduled insider stock sale under a Rule 10b5-1 plan, which is a routine event for executives and does not inherently indicate positive or negative sentiment regarding the company's performance or future prospects.

Negatives

• Insider selling, even under a 10b5-1 plan, can sometimes be perceived by the market as a lack of confidence, though this is often mitigated by the pre-scheduled nature of such plans.

Future Outlook

NA

Industry Context

This filing reports a routine insider transaction and does not provide information directly related to broader industry trends or competitors. Insider sales under Rule 10b5-1 plans are common for executives managing personal finances.

Corporate Governance

Stakeholder Impact

• Shareholders: A minor increase in the public float of shares. The pre-scheduled nature of the sale under a 10b5-1 plan typically mitigates concerns about insider sentiment.
• Management/Employees: No direct impact.

Key Dates

Keywords

Universal Insurance Holdings, UVE, Sean P. Downes, Insider Trading, Form 4, Stock Sale, Executive Chairman, 10b5-1 Plan