Brown Shannon A 4
Research Summary
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UVE Director Shannon A. Brown Receives 3,414 Restricted Shares
What Happened Shannon A. Brown, a director of Universal Insurance Holdings, Inc. (ticker: UVE), received a grant of 3,414 restricted common shares on June 11, 2026. The shares were reported as acquired at $0.00 per share (total reported value $0), indicating an equity award rather than an open-market purchase.
Key Details
- Transaction date: 2026-06-11; Form 4 filed 2026-06-12 (within the usual 2-business-day filing window).
- Transaction type/code: Award/Grant (code A).
- Shares granted: 3,414; price per share reported: $0.00; aggregate reported value: $0.
- Post-transaction holdings: Not specified in the filing.
- Footnote: These restricted shares vest on the earlier of (i) June 11, 2027 or (ii) the date of the next annual meeting that is at least 50 weeks after the prior annual meeting (see footnote F1).
- No tax-withholding or sale-related codes reported.
Context This was an equity compensation award (restricted stock) for a company director. Restricted shares are subject to vesting conditions described above; they are not an immediate market purchase or sale and do not by themselves indicate buying or selling sentiment.