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Sean P. Downes sells 20,000 shares; UVE (NYSE: UVE) Form 144

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

Rhea-AI Filing Summary

Sean P. Downes reported dispositions of Common stock tied to in-lieu compensation. The filing lists a sale of 20,000 shares on 04/02/2026 described as Lieu Compensation with Raymond James & Associates as broker. The form also records 20,000 shares sold on 03/25/2026 for $691,066.05. The filing names the issuer as UVE and identifies the market as NYSE.

Positive

  • None.

Negative

  • None.

Insights

Routine Form 144 sale reporting for in-lieu compensation and an earlier disposition.

The filing documents regulated resale activity under Section 144: a reported 20,000-share sale on 04/02/2026 labeled Lieu Compensation, plus a prior 20,000-share sale on 03/25/2026 at $691,066.05. Raymond James & Associates is listed as the broker.

These entries are administrative resale disclosures. Cash‑flow treatment and any lock-up or transfer restrictions are not stated in the excerpt; further filings would show whether these were exempt or require Rule 144 conditions to be met.

Shares sold (04/02/2026) 20,000 shares listed as Lieu Compensation
Shares sold (03/25/2026) 20,000 shares disposition by Sean P. Downes
Proceeds reported $691,066.05 03/25/2026 sale
Form type Form 144 filing for sale of restricted/controlled securities
Broker Raymond James & Associates listed on the filing
Form 144 regulatory
"Securities To Be Sold -- Common | 04/02/2026 | Lieu Compensation"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Lieu Compensation financial
"Common | 04/02/2026 | Lieu Compensation | Issuer"
Disposition regulatory
"Securities Sold During The Past 3 Months -- 20000 | 691066.05"

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

What did the Form 144 for UVE report?

The Form 144 reports dispositions of Common stock by Sean P. Downes. It lists 20,000 shares on 04/02/2026 described as Lieu Compensation, and another 20,000 shares sold on 03/25/2026 for $691,066.05.

Who acted as broker on the reported transactions for UVE?

The filing names Raymond James & Associates, Inc. as the broker. The broker address shown is 880 Carillon Parkway, St. Petersburg, FL, consistent with the broker entry on the Form 144 excerpt.

What does 'Lieu Compensation' mean on this Form 144?

On this Form 144, Lieu Compensation is the transaction description for the 20,000-share entry dated 04/02/2026. The excerpt does not define the term or state cash proceeds linked to that specific line.

How much proceeds were reported for the recent sale?

The excerpt shows proceeds of $691,066.05 tied to a 20,000-share sale on 03/25/2026. No proceeds are shown for the 04/02/2026 in-lieu compensation line in the provided text.

Does this Form 144 indicate lock-up or transfer restrictions for UVE shares?

The provided excerpt does not mention any lock-up or transfer restrictions. The filing lists transaction dates and amounts but does not disclose restrictions or conditions in the visible lines.