Barton Carol G 4
Research Summary
AI-generated summary
Universal Insurance (UVE) Director Carol G. Barton Receives 3,414-Share Award
What Happened
- Carol G. Barton, a director of Universal Insurance Holdings, Inc. (UVE), was granted 3,414 restricted shares on 2026-06-11. The Form 4 reports an acquisition at $0.00 per share (code A), so the filing shows $0 cash paid for the award. This was a company equity award (compensation/retention), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-11; Form filed: 2026-06-12 (timely).
- Transaction type/code: Award/Grant (A).
- Shares acquired: 3,414; reported acquisition price: $0.00 (restricted stock award).
- Vesting: Footnote states 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.
- Shares owned after transaction: Not reported in the provided data.
- Filing accession: 0000891166-26-000068.
Context
- This is a restricted stock award (compensation/retention), which aligns an insider’s interests with shareholders over the vesting period; it is not an immediate purchase or sale and doesn’t directly signal intent to trade shares. Vesting conditions mean the shares may convert to unrestricted stock only after the vesting date or event.