Universal Insurance Holdings, Inc. officer Sean P. Downes filed a Form 144 notice of proposed sale of 20,000 shares of common stock, dated October 30, 2026, on the NYSE.

Key Highlights

  • Proposed sale: Sean P. Downes, an officer of Universal Insurance Holdings, Inc., proposes to sell 20,000 shares of common stock.
  • Aggregate market value: The filing lists an aggregate market value of $965,000.00 for the proposed sale.
  • Acquisition: The 20,000 shares were acquired on October 30, 2026, from the issuer as lieu compensation, with payment in cash.
  • Broker: Raymond James and Associates Inc., 880 Carillon Parkway, St. Petersburg, FL 33716, is named as the broker for the proposed sale.
  • Shares outstanding: The filing states 27,830,355 shares of common stock were outstanding at the time of the notice.
  • Prior sales: Downes sold 20,000 shares on August 8, 2026, for gross proceeds of $884,339.81, and 20,000 shares on September 11, 2026, for gross proceeds of $878,537.93, according to the filing's three-month sales history.

Proposed Sale Details for Universal Insurance Holdings Officer Sean Downes

According to the Form 144 filed on October 30, 2026, Sean P. Downes, identified as an officer of Universal Insurance Holdings, Inc. (NYSE:UVE), proposes to sell 20,000 shares of common stock. The filing lists an approximate date of sale of October 30, 2026, with Raymond James and Associates Inc. named as the executing broker. The aggregate market value of the shares to be sold is reported as $965,000.00.

The filing discloses that the 20,000 shares proposed for sale were acquired on October 30, 2026, directly from the issuer as lieu compensation, with the date of payment also listed as October 30, 2026. The nature of payment is described as cash. Universal Insurance Holdings, Inc. is headquartered at 1110 W. Commercial Blvd., Suite 100, Fort Lauderdale, Florida 33309, and has SEC File Number 001-33251.

The Form 144 also includes a three-month sales history for Downes. According to the filing, he sold 20,000 shares on August 8, 2026, generating gross proceeds of $884,339.81, and an additional 20,000 shares on September 11, 2026, with gross proceeds of $878,537.93. The notice was signed by Rashida Mitchell, described as "duly authorized representative of Raymond James and Associates, Inc., as attorney-in-fact for Sean P Downes."

What Was Disclosed

Universal Insurance Holdings officer Sean P. Downes filed a Form 144 notice proposing to sell 20,000 common shares with an aggregate market value of $965,000.00, acquired as lieu compensation from the issuer on October 30, 2026, via Raymond James and Associates Inc. on the NYSE.