DOWNES SEAN P 4

What Happened
Sean P. Downes, Executive Chairman and Director of Universal Insurance Holdings, Inc. (UVE), sold 20,000 shares in an open-market transaction on March 25, 2026. The filing reports a weighted average sale price of $34.60, for total proceeds of approximately $692,072. The sale was reported on Form 4 filed March 27, 2026.

Key Details

• Transaction type: Open-market sale (Code S) of 20,000 shares on 2026-03-25.
• Price: Weighted average $34.60; reported price range $34.19–$35.07 (shares sold in multiple trades).
• Proceeds: Approx. $692,072.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Form 4 filed 2026-03-27 — within the normal SEC two-business-day reporting window.
• Footnote: Reporting person offers to provide, upon request, the breakdown of the number of shares sold at each separate price within the $34.19–$35.07 range. No 10b5‑1 plan, option exercise, or tax-withholding notation indicated in the provided excerpt.

Context
This was a straight open-market sale of existing shares (not an option exercise or award). Sales by executives can be routine (diversification, personal liquidity, pre-set plans) and do not by themselves indicate a change in company fundamentals. Retail investors should consider insider transactions alongside other company news, filings, and financials.