UVE chair Sean Downes sells 20,000 shares
UNIVERSAL INSURANCE HOLDINGS, INC.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
UNIVERSAL INSURANCE HOLDINGS, INC. Executive Chairman Sean P. Downes reported open-market sales of 20,000 shares of common stock on May 15, 2026. The shares were sold in two tranches at weighted average prices of $38.7136 and $39.4024, with individual trades executed within disclosed price ranges around those levels. After these sales, he continues to hold more than one million shares directly, along with indirect holdings of 2,000 shares through his spouse and 48,000 shares held for his children.
Insider Trade Summary
Net Seller: 20,000 shares
Net Sell
4 txns
Insider
DOWNES SEAN P
Role
Executive Chairman
Sold
20,000 shs ($775K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 19,518 | $38.7136 | $756K |
| Sale | Common Stock | 482 | $39.4024 | $19K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,168,255 shares (Direct);
Common Stock — 48,000 shares (Indirect, By Children);
Common Stock — 2,000 shares (Indirect, By Spouse)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $38.36 to $39.34, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1).
- F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $39.37 to $39.43, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2).
Key Figures
Total shares sold: 20,000 shares
Weighted avg sale price (block 1): $38.7136 per share
Weighted avg sale price (block 2): $39.4024 per share
+3 more
6 metrics
Total shares sold
20,000 shares
Open-market common stock sales on May 15, 2026
Weighted avg sale price (block 1)
$38.7136 per share
19,518-share sale; trades ranged from $38.36 to $39.34
Weighted avg sale price (block 2)
$39.4024 per share
482-share sale; trades ranged from $39.37 to $39.43
Indirect spouse holdings
2,000 shares
Common stock held indirectly by spouse
Indirect children holdings
48,000 shares
Common stock held indirectly for children
Net share activity
-20,000 shares
Net-sell direction from transaction summary
Key Terms
open-market sale, weighted average price, indirect ownership, Common Stock, +1 more
5 terms
open-market sale financial
"transaction_action":"open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership financial
""ownership_type":"indirect","ownership_code":"I""
Common Stock financial
""security_title":"Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
net-sell financial
""netBuySellDirection":"net-sell""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did UVE executive Sean P. Downes report?
Sean P. Downes reported selling 20,000 shares of Universal Insurance common stock. The transactions were open-market sales on May 15, 2026, split into two tranches with separate weighted average prices and detailed price ranges disclosed in the footnotes.
Were the UVE insider sales made in a single trade or multiple trades?
They were executed as multiple trades. Each reported weighted average price reflects numerous individual transactions, with footnotes providing the full price ranges for the sales and offering to supply detailed trade breakdowns upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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