Universal Insurance chair sells 20,000 shares
UVE’s executive chairman sold 20,000 shares on September 11, 2026 and continues to hold over 1.08 million shares directly, plus additional indirect family holdings.
Rhea-AI Filing Summary
UNIVERSAL INSURANCE HOLDINGS, INC. (UVE) Executive Chairman Sean P. Downes reported selling 20,000 shares of common stock on September 11, 2026 in an open-market or private sale at a weighted average price of $43.9781 per share, with individual trades ranging from $43.60 to $44.36. After this sale, he directly held 1,084,645 common shares. Separate from his direct holdings, he reported indirect ownership of 48,000 shares held by his children and 2,000 shares held by his spouse. No Rule 10b5-1 trading plan is reported for these transactions.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 20,000 shares
Net Sell
3 txns
Insider
DOWNES SEAN P
Role
Executive Chairman
Sold
20,000 shs ($880K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 20,000 | $43.9781 | $880K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,084,645 shares (Direct);
Common Stock — 48,000 shares (Indirect, By Children);
Common Stock — 2,000 shares (Indirect, By Spouse)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $43.60 to $44.36, 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).
Key Figures
Shares sold: 20,000 shares
Weighted average sale price: $43.9781 per share
Sale price range: $43.60–$44.36 per share
+3 more
6 metrics
Shares sold
20,000 shares
Common stock sale reported for September 11, 2026
Weighted average sale price
$43.9781 per share
Average price for the 20,000 shares sold on September 11, 2026
Sale price range
$43.60–$44.36 per share
Individual trade prices for the reported sale
Direct holdings after transaction
1,084,645 shares
Common stock directly held by Sean P. Downes after the sale
Indirect holdings by children
48,000 shares
Common stock held indirectly through children as reported
Indirect holdings by spouse
2,000 shares
Common stock held indirectly through spouse as reported
Key Terms
weighted average price, multiple transactions, investment power
3 terms
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.
multiple transactions financial
"The shares were sold in multiple transactions at prices ranging"
investment power financial
"full information regarding the number of shares sold at each separate price"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did UVE report for Executive Chairman Sean P. Downes?
Sean P. Downes reported selling 20,000 shares of Universal Insurance Holdings, Inc. common stock on September 11, 2026 in an open-market or private transaction, at a weighted average price of $43.9781 per share.
What indirect holdings in UVE stock are reported for Sean P. Downes and his family?
The filing reports 48,000 shares held indirectly through his children and 2,000 shares held indirectly through his spouse, in addition to his direct ownership.
Was the UVE insider sale made under a Rule 10b5-1 trading plan?
No. The filing indicates that the transactions were not made under a Rule 10b5-1 trading plan.
What type of security did the UVE executive chairman sell?
Sean P. Downes reported a sale of common stock of Universal Insurance Holdings, Inc., totaling 20,000 shares on September 11, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
