UNIVERSAL INSURANCE HOLDINGS, INC.·4

May 14, 4:42 PM ET

PIETRANGELO MICHAEL 4

Research Summary

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Updated

Universal Insurance (UVE) Director Michael Pietrangelo Sells Shares

What Happened Michael Pietrangelo, a director of Universal Insurance Holdings, Inc. (UVE), sold a total of 7,500 shares in open-market transactions. On May 12, 2026 he disposed of 3,000 shares at a weighted-average price of $39.55 for proceeds of $118,639. On May 13, 2026 he disposed of 4,500 shares at a weighted-average price of $39.29 for proceeds of $176,794. Total reported proceeds are approximately $295,433. These were sales (not purchases) — sales are commonly routine and do not necessarily signal a change in company outlook.

Key Details

  • Transaction dates: May 12, 2026 (3,000 shares) and May 13, 2026 (4,500 shares).
  • Reported weighted-average prices and proceeds: $39.55 → $118,639 (May 12); $39.29 → $176,794 (May 13). Total ≈ $295,433.
  • Footnotes: May 12 price is a weighted average from multiple trades at $39.51–$39.575 (F1). May 13 price is a weighted average from multiple trades at $38.75–$39.60 (F2). The filer can provide per-trade breakouts on request.
  • Shares owned after transaction: Not disclosed in the information provided.
  • Filing timeliness: Form 4 was filed on May 14, 2026; the filing appears to have been made within the typical SEC reporting window (not flagged as late).

Context

  • These were open-market sales (transaction code "S"), which are routine insider dispositions. For retail investors, purchases by insiders often carry more interpretive weight than routine sales.
  • No option exercises, gifts, or tax-withholding-related transactions were reported here.