Universal Insurance Holdings Files Routine 8-K on Dec 29 Event
Ticker: UVE · Form: 8-K · Filed: Jan 3, 2024 · CIK: 891166
Complexity: simple
Sentiment: neutral
Topics: compliance, 8-K, corporate-governance
TL;DR
**UVE filed a standard 8-K, no major news, just routine compliance.**
AI Summary
Universal Insurance Holdings, Inc. (UVE) filed an 8-K on January 3, 2024, reporting an event that occurred on December 29, 2023. This filing is a standard current report under the Securities Exchange Act of 1934, indicating no specific major changes like executive departures or new compensatory arrangements, despite those being listed as potential items. For investors, this filing primarily serves as a routine disclosure, confirming the company's continued compliance with SEC reporting requirements and its listing on the New York Stock Exchange under the trading symbol UVE.
Why It Matters
This filing is a routine compliance update, reassuring investors that Universal Insurance Holdings, Inc. is meeting its regulatory obligations without signaling any immediate significant operational or leadership changes.
Risk Assessment
Risk Level: low — This 8-K is a standard, routine filing that does not disclose any new material risks or significant events.
Analyst Insight
A smart investor would note this as a routine compliance filing, indicating no immediate need for action or re-evaluation of Universal Insurance Holdings, Inc. based solely on this document.
Key Numbers
- 001-33251 — Commission File Number (identifies the company's registration with the SEC)
- 65-0231984 — IRS Employer Identification No. (identifies the company for tax purposes)
- 954-958-1200 — Registrant's telephone number (contact information for the company)
- $0.01 — Par Value (par value of the Common Stock)
Key Players & Entities
- Universal Insurance Holdings, Inc. (company) — the registrant filing the 8-K
- New York Stock Exchange (company) — where Universal Insurance Holdings, Inc. common stock is registered
- UVE (company) — the trading symbol for Universal Insurance Holdings, Inc. common stock
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on December 29, 2023.
What is the trading symbol and exchange for Universal Insurance Holdings, Inc. common stock?
The trading symbol for Universal Insurance Holdings, Inc. common stock is UVE, and it is registered on the New York Stock Exchange.
What is the state of incorporation for Universal Insurance Holdings, Inc.?
Universal Insurance Holdings, Inc. is incorporated in Delaware.
What is the business address of Universal Insurance Holdings, Inc.?
The business address of Universal Insurance Holdings, Inc. is 1110 W. Commercial Blvd., Suite 100, Fort Lauderdale, Florida 33309.
Does this 8-K filing indicate any new compensatory arrangements for officers?
While 'Compensatory Arrangements of Certain Officers' is listed as an ITEM INFORMATION category, the provided text of the 8-K does not detail any specific new compensatory arrangements, suggesting this filing is a general compliance report rather than a disclosure of such an event.
Filing Stats: 1,231 words · 5 min read · ~4 pages · Grade level 12 · Accepted 2024-01-03 16:42:00
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 Par Value UVE New York Stock Exchange
- $375,000 — s. Campos will receive a base salary of $375,000 for each contract year. The base salary
- $93,750 — l bonus for each calendar year shall be $93,750 for threshold performance, $125,000 for
- $125,000 — l be $93,750 for threshold performance, $125,000 for target performance, and $156,250 fo
- $156,250 — e, $125,000 for target performance, and $156,250 for maximum performance. Restricted Sh
- $150,000 — the "RSU Grant") with a target value of $150,000, which grant shall be made pursuant to
- $600,000 — r. Wilcox will receive a base salary of $600,000 for each contract year. The base salary
- $262,500 — l bonus for each calendar year shall be $262,500 for threshold performance, $350,000 for
- $350,000 — be $262,500 for threshold performance, $350,000 for target performance, and $437,500 fo
- $437,500 — e, $350,000 for target performance, and $437,500 for maximum performance. Restricted S
- $300,000 — the "RSU Grant") with a target value of $300,000, which grant shall be made pursuant to
Filing Documents
- uve-20231229.htm (8-K) — 47KB
- kimberlycoopercampos-emp.htm (EX-10.1) — 40KB
- frankcwilcox-employmenta.htm (EX-10.2) — 4KB
- frankcwilcox-employmenta001.jpg (GRAPHIC) — 248KB
- frankcwilcox-employmenta002.jpg (GRAPHIC) — 294KB
- frankcwilcox-employmenta003.jpg (GRAPHIC) — 289KB
- frankcwilcox-employmenta004.jpg (GRAPHIC) — 301KB
- frankcwilcox-employmenta005.jpg (GRAPHIC) — 314KB
- frankcwilcox-employmenta006.jpg (GRAPHIC) — 320KB
- frankcwilcox-employmenta007.jpg (GRAPHIC) — 287KB
- frankcwilcox-employmenta008.jpg (GRAPHIC) — 277KB
- frankcwilcox-employmenta009.jpg (GRAPHIC) — 242KB
- frankcwilcox-employmenta010.jpg (GRAPHIC) — 171KB
- frankcwilcox-employmenta011.jpg (GRAPHIC) — 55KB
- kimberlycoopercampos-emp001.jpg (GRAPHIC) — 253KB
- kimberlycoopercampos-emp002.jpg (GRAPHIC) — 302KB
- kimberlycoopercampos-emp003.jpg (GRAPHIC) — 292KB
- kimberlycoopercampos-emp004.jpg (GRAPHIC) — 331KB
- kimberlycoopercampos-emp005.jpg (GRAPHIC) — 319KB
- kimberlycoopercampos-emp006.jpg (GRAPHIC) — 330KB
- kimberlycoopercampos-emp007.jpg (GRAPHIC) — 301KB
- kimberlycoopercampos-emp008.jpg (GRAPHIC) — 296KB
- kimberlycoopercampos-emp009.jpg (GRAPHIC) — 244KB
- kimberlycoopercampos-emp010.jpg (GRAPHIC) — 186KB
- kimberlycoopercampos-emp011.jpg (GRAPHIC) — 56KB
- uve-20231229_g1.jpg (GRAPHIC) — 26KB
- 0000891166-24-000004.txt ( ) — 8154KB
- uve-20231229.xsd (EX-101.SCH) — 2KB
- uve-20231229_lab.xml (EX-101.LAB) — 24KB
- uve-20231229_pre.xml (EX-101.PRE) — 12KB
- uve-20231229_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits: Exhibit Number Description 10.1 Employment Agreement, dated December 29, 2023, between Kimberly Cooper Campos and the Company 10.2 Employment Agreement, dated December 29, 2023, between Frank C. Wilcox and the Company 104 The cover page from this Current Report on Form 8-K formatted in Inline XBRL (included as Exhibit 101).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 3, 2024 UNIVERSAL INSURANCE HOLDINGS, INC. By: /s/ Stephen J. Donaghy Name: Stephen J. Donaghy Title: Chief Executive Officer