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UVE (NYSE: UVE) holder files Rule 144 notice to sell 25,000 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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.

Universal Ins Hldgs Inc

NYSE:UVE

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Insurance - Property & Casualty
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United States
FORT LAUDERDALE