Universal Insurance director granted 3,414 shares
PETERSON RICHARD D reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
PETERSON RICHARD D reported acquisition or exercise transactions in this Form 4 filing.
Universal Insurance Holdings director Richard D. Peterson reported an equity grant of 3,414 shares of restricted common stock. The shares were awarded at no cash cost and increase his direct holdings to 22,550 common shares.
The restricted shares 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 prior year's annual meeting. Peterson also reports indirect ownership of 6,319 common shares held by The RDP Revocable Trust dated August 11, 2011, for which he is the grantor and sole trustee, with his children as beneficiaries.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,414 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- 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.
- F2. The reporting person is the grantor and sole trustee of The RDP Revocable Trust dated August 11, 2011. The reporting person's children are the beneficiaries of the trust.
Key Figures
Key Terms
grant, award, or other acquisition financial
Revocable Trust financial
beneficiaries financial
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What insider transaction did Richard D. Peterson report at Universal Insurance Holdings (UVE)?
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