STOCK TITAN

Universal Insurance (NYSE: UVE) chair sells 20,000 shares at $38

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Universal Insurance Holdings executive chairman Sean P. Downes reported an open-market sale of common stock. On June 11, 2026, he sold 20,000 shares of Universal Insurance Holdings, Inc. common stock at a weighted average price of $38.2168 per share, with individual trade prices ranging from $37.895 to $38.45.

Following this transaction, Downes directly holds 1,148,255 common shares. The filing also shows indirect holdings of 2,000 shares held by his spouse and 48,000 shares held by his children.

Positive

  • None.

Negative

  • None.
Insider DOWNES SEAN P
Role Executive Chairman
Sold 20,000 shs ($764K)
Type Security Shares Price Value
Sale Common Stock 20,000 $38.2168 $764K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 1,148,255 shares (Direct, null); Common Stock — 48,000 shares (Indirect, By Children)
Footnotes (1)
  1. [object Object]
Shares sold 20,000 shares Open-market sale of common stock on June 11, 2026
Weighted average sale price $38.2168 per share Price for 20,000 shares sold on June 11, 2026
Sale price range $37.895–$38.45 per share Range of prices across multiple sale transactions
Direct holdings after transaction 1,148,255 shares Common stock directly owned after June 11, 2026 sale
Indirect holdings by spouse 2,000 shares Common stock held indirectly through spouse
Indirect holdings by children 48,000 shares Common stock held indirectly through children
open-market sale financial
"20,000 shares of Universal Insurance Holdings, Inc. common stock at a weighted average price in an 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
"sold in multiple transactions at prices ranging from $37.895 to $38.45, inclusive, resulting in 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
"indirect holdings of 2,000 shares held by his spouse and 48,000 shares held by his children"
Form 4 regulatory
"The Form 4 shows indirect ownership by spouse and children in addition to direct holdings"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
DOWNES SEAN P

(Last)(First)(Middle)
1110 WEST COMMERCIAL BOULEVARD
SUITE 100

(Street)
FORT LAUDERDALE FLORIDA 33309

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
UNIVERSAL INSURANCE HOLDINGS, INC. [ UVE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Executive Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/11/2026S20,000D$38.21681,148,255(1)D
Common Stock48,000IBy Children
Common Stock2,000IBy Spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $37.895 to $38.45, 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).
Remarks:
/s/ Sean P. Downes06/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did UVE executive chairman Sean P. Downes report?

Sean P. Downes reported selling 20,000 shares of Universal Insurance Holdings common stock. The open-market sale occurred on June 11, 2026, and was executed at a weighted average price of $38.2168 per share, with trades between $37.895 and $38.45.

At what price did Sean P. Downes sell UVE shares in this Form 4?

Downes sold the 20,000 Universal Insurance Holdings shares at a weighted average price of $38.2168. According to the filing, individual trades occurred in a range from $37.895 up to $38.45 per share across multiple transactions on June 11, 2026.

How many UVE shares does Sean P. Downes own after the reported sale?

After the sale, Downes directly owns 1,148,255 shares of Universal Insurance Holdings common stock. The Form 4 also reports indirect ownership of 2,000 shares held by his spouse and 48,000 shares held by his children as of the transaction date.

Is the June 11, 2026 UVE insider transaction a purchase or a sale?

The June 11, 2026 insider transaction reported by Sean P. Downes is a sale. He executed an open-market sale of 20,000 Universal Insurance Holdings common shares, with the filing classifying the transaction under code “S” for sale in open market or private transaction.

Does Sean P. Downes have indirect holdings of UVE stock?

Yes. In addition to his direct holdings, the Form 4 shows 2,000 Universal Insurance Holdings shares held indirectly through his spouse and 48,000 shares held indirectly through his children, reflecting indirect ownership interests separate from his 1,148,255 directly held shares.