PHILLIPS TIMOTHY 4

What Happened

• Timothy Phillips, Chief Executive Officer of Universal Logistics Holdings, Inc. (ULH), received a grant of 7,215 restricted common shares on February 4, 2026. The grant is valued at $18.92 per share for a total grant value of $136,508. This was a compensation award (Form 4 code A), not an open-market purchase or sale.

Key Details

• Transaction date: February 4, 2026; Form 4 filed February 6, 2026 (filed two days after the transaction).
• Shares granted: 7,215; price used for valuation: $18.92 (company closing price on Feb 4, 2026); total value: $136,508.
• Vesting: Grant vests in four equal 25% installments on March 15 of 2027, 2028, 2029 and 2030, subject to continued employment. Vesting may be accelerated by the Compensation and Stock Option Committee (footnote F1).
• Shares owned after the transaction: Not reported in the provided filing details.
• Transaction type: A = Award/Grant of restricted stock. No tax-withholding sales or immediate dispositions noted in the filing.

Context

• This is a time‑based restricted stock award used for executive compensation — it does not represent an immediate market purchase or sale. Such grants are routine for executive pay and should be viewed as compensation rather than a direct bullish or bearish signal on the stock.