Universal Insurance director granted 3,414 shares
Universal Insurance Holdings director Michael Pietrangelo reported an equity award of company stock.
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Rhea-AI Filing Summary
Universal Insurance Holdings director Michael Pietrangelo reported an equity award of company stock. He received 3,414 shares of common stock as a grant at a price of $0.00 per share, increasing his direct holdings to 84,707 shares.
The award consists of restricted shares that will vest on the earlier of June 11, 2027 or the date of the next annual meeting that is at least 50 weeks after the immediately preceding year's annual meeting. This is a compensation-related acquisition rather than an open-market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,414 | $0.00 | $0.00 |
Footnotes (1)
- F1. These restricted shares will vest on the earlier of (i) June 11, 2027 and (ii) the date of the next annual meeting that is at least 50 weeks after the immediately preceding year's annual meeting.
Key Figures
Key Terms
vest financial
annual meeting financial
Grant, award, or other acquisition financial
FAQ
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What insider transaction did Universal Insurance Holdings (UVE) report for Michael Pietrangelo?
Is Michael Pietrangelo’s Universal Insurance Holdings (UVE) transaction a buy or a compensation award?
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