DOWNES SEAN P 4

What Happened Sean P. Downes, Executive Chairman and a director of Universal Insurance Holdings, Inc. (UVE), sold a total of 20,000 shares of UVE stock in open-market transactions on May 15, 2026. The filing reports two sales: 19,518 shares reported at a weighted-average price (total $755,612) and 482 shares reported at a weighted-average price (total $18,992), for aggregate proceeds of approximately $774,604. These were sales (not purchases) — typically routine insider selling rather than a direct bullish signal.

Key Details

• Transaction date: May 15, 2026; transaction type: open-market sale (code S).
• Reported quantities and proceeds: 19,518 shares for $755,612; 482 shares for $18,992; combined = 20,000 shares for ~$774,604.
• Reported prices are weighted averages; footnotes state the 19,518-share block was sold at prices ranging $38.36–$39.34 and the 482-share block at $39.37–$39.43. The reporting person can provide exact per-trade breakdown on request.
• Shares owned after the transaction: not disclosed in the provided excerpt of the filing.
• Filing timeliness: Reported on May 15, 2026 (same date as the transactions), indicating a timely Form 4 filing in this excerpt.

Context

• This was a straight sale of shares in the open market. Sales by executives can be for many reasons (portfolio diversification, liquidity, tax planning) and do not alone indicate a change in company outlook.
• No option exercises, awards, gifts, or tax-withholding transactions were reported in this filing excerpt.