8-K
filed June 13, 2023, 7:59 PM ET
ticker UVE
CIK 0000891166
other material
confidence high
sentiment neutral
materiality 0.15
All 12 director nominees elected at Universal Insurance annual meeting; say-on-pay passes with 55% support
UNIVERSAL INSURANCE HOLDINGS, INC.
- All 12 director nominees elected; Scott Callahan and Joel Wilentz received lowest support (~86.5% of votes cast in favor).
- Advisory say-on-pay passed narrowly with ~55% of votes cast (12.4M for, 10.3M against).
- Frequency of future advisory votes set at one year per shareholders' preference (18.0M votes).
- Ratification of Plante & Moran as independent auditor approved overwhelmingly (25.3M for, 0.5M against).
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
UNIVERSAL INSURANCE HOLDINGS, INC. shareholders approved Advisory vote on frequency of future advisory votes on executive compensation at the 2023-06-08 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-06-08
Exact text from the filing
The shareholders approved, on an advisory basis, t o conduct future advisory votes on named executive officers’ compensation once each year. One Year: 18,034,386 Two Years: 33,257 Three Years: 3,632,926 Abstain: 1,122,427 Broker Non-Votes: 3,322,989
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
UNIVERSAL INSURANCE HOLDINGS, INC. shareholders approved Ratification of appointment of Plante & Moran, PLLC as independent registered public accounting firm at the 2023-06-08 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-06-08
Exact text from the filing
The shareholders ratified the appointment of Plante & Moran, PLLC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023. For: 25,330,482 Against: 549,268 Abstain: 266,235
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
UNIVERSAL INSURANCE HOLDINGS, INC. shareholders approved Election of Directors at the 2023-06-08 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-06-08
Exact text from the filing
The following individuals were elected to the Company's Board of Directors by the holders of the Company's common stock and Series A Preferred Stock, voting together as one class: Name For Against Abstain Broker Non-Votes Shannon A. Brown 22,388,228 393,676 41,092 3,322,989 Scott P. Callahan 19,723,440 3,055,558 43,998 3,322,989 Kimberly D. Campos 20,614,555 2,164,876 43,565 3,322,989 Stephen J. Donaghy 22,053,085 713,719 56,192 3,322,989 Sean P. Downes 20,753,899 2,027,562 41,535 3,322,989 Marlene M. Gordon 21,714,489 1,056,710 51,797 3,322,989 Francis X. McCahill 22,206,785 574,075 42,136 3,322,989 Richard D. Peterson 20,380,219 2,394,821 47,956 3,322,989 Michael A. Pietrangelo 19,875,749 2,905,808 41,439 3,322,989 Ozzie A. Schindler 21,984,018 794,415 44,563 3,322,989 Jon W. Springer 20,884,166 1,895,657 43,173 3,322,989 Joel M. Wilentz, M.D. 19,708,757 3,071,332 42,907 3,322,989
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
UNIVERSAL INSURANCE HOLDINGS, INC. shareholders approved Advisory vote on compensation of named executive officers at the 2023-06-08 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-06-08
Exact text from the filing
The shareholders approved, on an advisory basis, the compensation paid to the Company's named executive officers during the year ended December 31, 2022. For: 12,409,231 Against: 10,305,935 Abstain: 107,830 Broker Non-Votes: 3,322,989
View on SEC.gov
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