Universal Logistics CEO granted 7,215 restricted shares
Universal Logistics Holdings reported that Chief Executive Officer and director Timothy Phillips received a grant of 7,215 shares of restricted common stock on February 4, 2026, at a reference price of $18.92 per share.
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Rhea-AI Filing Summary
Universal Logistics Holdings reported that Chief Executive Officer and director Timothy Phillips received a grant of 7,215 shares of restricted common stock on February 4, 2026, at a reference price of $18.92 per share. After this equity award, he directly beneficially owns 104,491 common shares.
The restricted shares will vest in four equal 25% installments on March 15 of 2027, 2028, 2029 and 2030, as long as he remains employed by Universal Logistics Holdings. Vesting may be accelerated if the Compensation and Stock Option Committee takes specific action.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, no par value | 7,215 | $18.92 | $137K |
Footnotes (2)
- F1. 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.
- F2. The closing price of the Company's common stock on February 4, 2026.
FAQ
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What insider transaction did ULH report for CEO Timothy Phillips?
Is the ULH CEO’s reported ownership in this filing direct or indirect?
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