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

Matthew J. Moroun, 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, Matthew J. Moroun, a director of Universal Logistics Holdings, 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, Moroun directly owns 1,568 shares of Universal Logistics Holdings.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director acquiring shares is generally a good sign, but it's part of a pre-determined compensation plan.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.

Industry Context

Director share acquisitions are common and often viewed positively by investors as they align management's interests with those of shareholders.

Stakeholder Impact

• The acquisition of shares by a director may have a slightly positive impact on shareholder confidence.

Key Dates