Latest Insider Trading
Filed: 2025-12-31
Key Insights
- The reporting person, Sean P. Downes, who is the Executive Chairman of Universal Insurance Holdings, Inc., has engaged in a series of gift transactions involving the company's common stock. This suggests potential changes in his personal portfolio or estate planning.
- Downes has gifted a total of 75,000 shares of Universal Insurance Holdings' common stock, reducing his direct ownership to 1,198,512 shares. This may indicate a shift in his control or influence over the company.
- The reporting indicates that Downes has also transferred 30,000 shares of the company's common stock to his children, suggesting he is potentially diversifying his family's holdings or transferring wealth to the next generation.