Universal Insurance (UVE) Executive Chairman Sean Downes Sells 20,000 Shares

What Happened Sean P. Downes, Executive Chairman and Director of Universal Insurance Holdings, Inc. (UVE), disposed of 20,000 shares on September 11, 2026. The filing reports a weighted-average sale price of $43.98 per share (total proceeds ~$879,562). The sale was reported as an open-market or private sale (transaction code S).

Key Details

• Transaction date: 2026-09-11.
• Shares sold: 20,000; weighted-average price reported: $43.98; total proceeds: $879,562.
• Price range: shares were sold in multiple trades at prices from $43.60 to $44.36 (footnote states the $43.98 is a weighted average).
• Shares owned after the transaction: not specified in the information provided in this summary.
• Filing timeliness: reported on 2026-09-11 (appears timely based on provided report date).
• Footnote: the reporting person offers to provide, on request, the number of shares sold at each separate price within the $43.60–$44.36 range.

Context This was a sale (disposition) rather than a purchase or option exercise. Sales by insiders can reflect routine liquidity, diversification, or other personal reasons and are not, by themselves, conclusive indicators of company outlook. The filing notes multiple trades at different prices; detailed per-trade pricing can be requested from the company or SEC staff per the footnote.