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 June 11, 2026. The reported weighted-average price was $38.22 per share, producing gross proceeds of approximately $764,336. This was a sale (disposition) of existing shares rather than a purchase or option exercise.

Key Details

• Transaction date: June 11, 2026 (reported on Form 4 filed June 12, 2026) — filing appears timely.
• Transaction type: Open-market sale (Code S).
• Shares sold: 20,000; weighted-average price reported: $38.22; total proceeds ≈ $764,336.
• Price range: Footnote indicates multiple trades at prices between $37.895 and $38.45; the $38.22 is a weighted average. The reporting person can provide a breakdown on request (footnote F1).
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• No indication in the filing of a 10b5-1 plan, tax-withholding sale, gift, or option exercise for this transaction.

Context Sales by executives are common and can be for many personal or portfolio reasons; a sale does not by itself signal management’s view of the company’s prospects. For retail investors, purchases tend to be more informative about insider confidence, while routine sales may simply reflect diversification or liquidity needs.