Universal Insurance (UVE) chair sells 20,000 shares at ~$39–41

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Universal Insurance Holdings Executive Chairman Sean P. Downes reported open-market sales of a total of 20,000 shares of common stock on April 29, 2026. The shares were sold in three blocks: 11,919 shares at a weighted average price of $39.2466, 5,837 shares at $40.0817, and 2,244 shares at $41.0107, with each block executed across multiple trades within stated price ranges.

After these transactions, Downes directly holds between about 1.19 million shares of Universal Insurance common stock, according to the post-transaction balances reported for each trade. He also reports indirect ownership of 48,000 shares held by his children and 2,000 shares held by his spouse.

Insider Trade Summary

Net Seller: 20,000 shares ($793,765)

Net Sell 5 txns

Insider DOWNES SEAN P

Role Executive Chairman

Sold 20,000 shs ($794K)

Type	Security	Shares	Price	Value
Sale	Common Stock	11,919	$39.2466	$468K
Sale	Common Stock	5,837	$40.0817	$234K
Sale	Common Stock	2,244	$41.0107	$92K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,196,336 shares (Direct, null); Common Stock — 2,000 shares (Indirect, By Spouse)

Footnotes (1)

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $38.675 to $39.67, 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). The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $39.68 to $40.64, 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). The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $40.79 to $41.29, 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 (3).

Key Figures

Total shares sold: 20,000 shares Block 1 sale size: 11,919 shares Block 2 sale size: 5,837 shares +4 more

7 metrics

Total shares sold 20,000 shares Open-market sales on April 29, 2026

Block 1 sale size 11,919 shares Weighted average price $39.2466 per share

Block 2 sale size 5,837 shares Weighted average price $40.0817 per share

Block 3 sale size 2,244 shares Weighted average price $41.0107 per share

Direct holdings after trades about 1.19 million shares Post-transaction balances reported in Form 4

Indirect holdings by children 48,000 shares Reported as held indirectly by children

Indirect holdings by spouse 2,000 shares Reported as held indirectly by spouse

Key Terms

open-market sale, weighted average price, indirect ownership, transaction code

4 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""

transaction code financial

""transaction_code_description": "Sale in open market or private transaction""

Form 4 Insider Transactions: What Each Field Means →

04/30/2026 - 04:45 PM

SEC Form 4

FORM 4

UNITED 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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Executive Chairman

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/29/2026		S		11,919	D	$39.2466⁽¹⁾	1,196,336	D
Common Stock	04/29/2026		S		5,837	D	$40.0817⁽²⁾	1,190,499	D
Common Stock	04/29/2026		S		2,244	D	$41.0107⁽³⁾	1,188,255	D
Common Stock								2,000	I	By Spouse
Common Stock								48,000	I	By Children

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $38.675 to $39.67, 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).

2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $39.68 to $40.64, 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).

3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $40.79 to $41.29, 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 (3).

Remarks:

	/s/ Sean P. Downes	04/30/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did UVE’s Sean P. Downes report on this Form 4?

Sean P. Downes reported selling 20,000 shares of Universal Insurance Holdings common stock in open-market transactions on April 29, 2026. The sales were split across three blocks at weighted average prices between $39.2466 and $41.0107 per share.

At what prices did Sean P. Downes sell UVE shares on April 29, 2026?

Downes sold 11,919 shares at a weighted average of $39.2466, 5,837 shares at $40.0817, and 2,244 shares at $41.0107. Each block comprised multiple trades within disclosed price ranges, as detailed in the Form 4 footnotes.

How many Universal Insurance (UVE) shares does Sean P. Downes hold after these sales?

After the reported sales, Downes remains a large shareholder with around 1.19 million shares of UVE common stock held directly. The filing also reports 48,000 shares held indirectly by his children and 2,000 shares held indirectly by his spouse.

What role does Sean P. Downes hold at Universal Insurance Holdings (UVE)?

Sean P. Downes is identified as Executive Chairman and a director of Universal Insurance Holdings. His senior leadership role and sizable share position mean his trading activity provides transparency into how a key insider is managing personal exposure to the company’s stock.

Do the Form 4 footnotes for UVE describe how the sale prices were calculated?

Yes. Each reported sale price is a weighted average for multiple trades. Footnotes state that individual trades occurred within specified price ranges and that detailed breakdowns are available to the company, its shareholders, or SEC staff upon request.