Universal Logistics (ULH) director gets 958-share stock retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BELANGER GRANT EDWARD reported acquisition or exercise transactions in this Form 4 filing.
UNIVERSAL LOGISTICS HOLDINGS, INC. director Grant Edward Belanger received an award of 958 shares of common stock as part of his annual retainer for non-employee directors. The stock was valued at $13.04 per share for reporting purposes, bringing his direct holdings to 2,644 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BELANGER GRANT EDWARD
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, no par value | 958 | $13.04 | $12K |
Holdings After Transaction:
Common Stock, no par value — 2,644 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock award size: 958 shares
Reported grant value per share: $13.04 per share
Shares held after transaction: 2,644 shares
3 metrics
Stock award size
958 shares
Common stock grant to non-employee director
Reported grant value per share
$13.04 per share
Value used for the 958-share award
Shares held after transaction
2,644 shares
Belanger’s direct holdings following the award
Key Terms
annual retainer, non-employee directors, grant/award acquisition, transaction code A
4 terms
annual retainer financial
"Award of common stock as part of annual retainer for non-employee directors."
non-employee directors financial
"Award of common stock as part of annual retainer for non-employee directors."
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
transaction code A financial
"transaction_code": "A""
FAQ
What insider transaction did ULH director Grant Edward Belanger report?
Grant Edward Belanger reported receiving 958 shares of Universal Logistics common stock. The shares were granted as part of his annual retainer for serving as a non-employee director, rather than through an open-market purchase or sale transaction.
Was the ULH Form 4 transaction a stock purchase or a compensation grant?
The ULH Form 4 reflects a compensation grant, not a market trade. Belanger received 958 shares of common stock as part of his annual retainer for non-employee directors, representing a grant/award acquisition disclosed under transaction code A.
At what price was the ULH director stock award reported?
The 958-share stock award to director Grant Edward Belanger was reported at $13.04 per share. This price is used for reporting the grant’s value and does not indicate an open-market purchase or sale of Universal Logistics shares.
What does transaction code A mean in the ULH Form 4 filing?
Transaction code A in the ULH Form 4 indicates a grant, award, or other acquisition of securities. In this case, it represents the 958-share common stock award Belanger received as part of his annual retainer for non-employee directors.