Form 4: Universal Logistics Holdings Director Acquires Shares as Part of Annual Retainer

Sentiment:

SEC Form 4 Filing


Grant Edward Belanger, a director at Universal Logistics Holdings, acquired 331 shares of common stock as part of his annual retainer for non-employee directors on May 6, 2024.

Summary

  • On May 6, 2024, Grant Edward Belanger, a director of Universal Logistics Holdings, Inc. (ULH), acquired 331 shares of common stock.
  • The acquisition was part of his annual retainer for non-employee directors.
  • The price per share was $45.22.
  • Following the transaction, Belanger directly owns 1,019 shares of ULH common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a standard transaction related to director compensation. The acquisition of shares by a director is generally viewed positively, but it's a routine event.

Positives

  • The director's acquisition of shares demonstrates confidence in the company.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, such as directors and officers. These filings are closely monitored by investors as they can provide insights into management's perspective on the company's value and future prospects.

Key Dates

DateDescription
05/06/2024Date of transaction: Grant Edward Belanger acquired 331 shares of common stock.
05/08/2024Date of signature for the Form 4 filing.

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