UVE (NYSE: UVE) holder files Rule 144 notice to sell 25,000 shares
Rhea-AI Filing Summary
A shareholder of UVE has filed a notice of proposed sale of 25,000 shares of common stock under Rule 144. The shares are expected to be sold on the NYSE through Wells Fargo Clearing Services, with an indicated aggregate market value of $851,779.94. The filing notes that 28,048,881 shares of this class were outstanding.
The securities to be sold were originally acquired on 11/15/2018 in an open market purchase paid in cash. By signing the notice, the seller represents that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, consistent with Rule 144 requirements.
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FAQ
How many UVE shares are proposed to be sold under this Rule 144 notice?
The notice covers a proposed sale of 25,000 shares of UVE common stock under Rule 144.
What is the indicated market value of the UVE shares to be sold?
The aggregate market value of the 25,000 shares to be sold is listed as $851,779.94.
On which exchange will the UVE shares covered by this notice be sold?
The filing states that the common shares are expected to be sold on the NYSE.
How and when were the UVE shares being sold originally acquired?
The shares were acquired on 11/15/2018 via an open market purchase, with the purchase price paid in cash.
How many UVE common shares were outstanding according to this filing?
The filing notes that there were 28,048,881 shares of this class outstanding at the time referenced.
What representation does the selling holder make about information on the UVE issuer?
By signing, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.