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

Director Richard P. Urban acquired 331 shares of Universal Logistics Holdings, Inc. (ULH) common stock on May 6, 2024, as part of his annual retainer.

Summary

• Richard P. Urban, a director of Universal Logistics Holdings, Inc. (ULH), acquired 331 shares of common stock on May 6, 2024.
• The acquisition was part of his annual retainer as a non-employee director.
• The price per share was $45.22.
• Following the transaction, Urban directly owns 11,568 shares of ULH common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. A director acquiring shares as part of their compensation is generally a good sign, indicating alignment with shareholder interests. The transaction itself is routine and expected.

Positives

• The director's acquisition of shares demonstrates confidence in the company.
• The acquisition is part of a pre-determined compensation plan (annual retainer).

Industry Context

Directors receiving stock as part of their compensation is a common practice to align their interests with those of the shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates