ULH (ULH) CFO receives 7,400 restricted shares vesting through 2030
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Universal Logistics Holdings, Inc. reported that its Chief Financial Officer, Jude Marcus Beres, received an award of 7,400 shares of restricted common stock on February 4, 2026. The grant price references the stock’s closing price of $18.92 that day.
The restricted shares will vest in four equal 25% installments on March 15 of 2027, 2028, 2029 and 2030, contingent on continued employment, with potential acceleration at the discretion of the Compensation and Stock Option Committee. Following this grant, Beres beneficially owns 43,585 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BERES JUDE MARCUS
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, no par value | 7,400 | $18.92 | $140K |
Holdings After Transaction:
Common Stock, no par value — 43,585 shares (Direct)
Footnotes (1)
- Represents grants of restricted common stock that will vest in four equal 25% installments on each March 15 in 2027, 2028, 2029 and 2030, subject to continued employment with Universal Logistics Holdings, Inc. Vesting may be accelerated upon action by the Compensation and Stock Option Committee. The closing price of the Company's common stock on February 4, 2026.
FAQ
What did ULH disclose about CFO Jude Beres’ recent stock grant?
Universal Logistics Holdings, Inc. disclosed that Chief Financial Officer Jude Marcus Beres received 7,400 shares of restricted common stock on February 4, 2026 at a reference price of $18.92 per share, based on the stock’s closing price that day.
What is the ownership position of ULH’s CFO after the reported transaction?
After the restricted stock grant, Chief Financial Officer Jude Marcus Beres beneficially owns 43,585 shares of Universal Logistics Holdings, Inc. common stock directly, according to the beneficial ownership amount reported in the Form 4 filing.
What transaction code was used for the ULH CFO’s stock award?
The transaction is coded as “A” for an acquisition of securities. It reflects an award of 7,400 restricted common shares to Chief Financial Officer Jude Marcus Beres on February 4, 2026 rather than an open-market purchase or sale.
What role does the Compensation and Stock Option Committee play in this ULH grant?
The Compensation and Stock Option Committee may accelerate vesting of the restricted stock. While the standard schedule vests 25% each March 15 from 2027 through 2030, the committee has authority to act to accelerate vesting under certain circumstances.
How was the $18.92 price for the ULH restricted stock grant determined?
The $18.92 figure reflects the closing price of Universal Logistics Holdings, Inc. common stock on February 4, 2026. This closing price was used as the reference price for the 7,400-share restricted stock award to the Chief Financial Officer.