BERES JUDE MARCUS 4
Research Summary
AI-generated summary
Universal Logistics (ULH) CFO Beres Jude Marcus Receives Award
What Happened
- Beres Jude Marcus, Chief Financial Officer of Universal Logistics Holdings, Inc. (ULH), was granted 7,400 shares of restricted common stock on February 4, 2026. The grant is reported at $18.92 per share, for a total grant value of $140,008. This transaction is an equity award (code A), not an open-market purchase or sale, and reflects compensation rather than a transactional view of the stock.
Key Details
- Transaction date and price: 2026-02-04 at $18.92 per share (closing price on that date).
- Shares granted: 7,400 restricted shares; total reported value $140,008.
- Shares owned after transaction: Not specified in the filed report.
- Vesting: Grants vest 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).
- Filing timeliness: Report filed 2026-02-06 for a 2026-02-04 transaction — appears to be timely (not marked late).
- Transaction code: A = award/grant of restricted stock.
Context
- Restricted stock grants are a common component of executive compensation and vest over time, aligning executives’ interests with long-term shareholder performance. Because these shares are subject to multi-year vesting and employment conditions, they do not represent an immediate market purchase or sale.