{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-251665","form_type":"8-K","ticker":"ULH","cik":"0001308208","company_name":"UNIVERSAL LOGISTICS HOLDINGS, INC.","filed_at":"2025-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.061162+00:00","generated_at":"2026-05-17T02:09:04.932096+00:00","sec_items":["1.01","2.03","5.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Universal Logistics subsidiary issues $195.9M senior secured note at 6.84%, due Nov 2034, backed by Ford lease","bullets":["UDOT CTL-Funding issued $195.9M senior secured promissory note at 6.84% fixed rate, maturing Nov 15, 2034.","Note secured by subleasehold interest in property subleased to Ford Motor Company (investment-grade credit tenant).","Debt service funded by Ford's rent payments; Universal provides limited guaranty for certain shortfall and indemnity obligations.","Proceeds used for credit tenant lease financing; note is non-recourse except for carve-outs and environmental indemnity.","Director Marcus D. Hudson appointed to audit committee, effective Oct 22, 2025; qualifies as independent and financial expert."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-251665","json":"https://secwatch.observer/filing/0001193125-25-251665.json","markdown":"https://secwatch.observer/filing/0001193125-25-251665.md","text":"https://secwatch.observer/filing/0001193125-25-251665.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1308208/000119312525251665/0001193125-25-251665-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1308208/000119312525251665/ulh-20251022.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:09:04.932096+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"601a2cfe8fabb24c7422229f7d72d241460e13bc","claim":"UNIVERSAL LOGISTICS HOLDINGS, INC. incurred guarantee with Wilmington Trust, National Association.","evidence_excerpt":"Specifically, the Borrower issued a senior secured promissory note (the “Note”) in the principal amount of approximately $195.9 million to Wilmington Trust, National Association, as trustee of the Ford (Stanton, TN) Lease-Backed Pass-Through Trust (the “Trustee”), under a note purchase agreement dated October 22, 2025 (the “NPA”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1308208/000119312525251665/0001193125-25-251665-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"guarantee"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"f480224c185d7e4a834d1ad98fdcb651d0ec5bd8","claim":"UNIVERSAL LOGISTICS HOLDINGS, INC. incurred senior notes of approximately $195.9 million with Wilmington Trust, National Association at 6.84% per annum maturing November 15, 2034.","evidence_excerpt":"the Borrower issued a senior secured promissory note (the “Note”) in the principal amount of approximately $195.9 million to Wilmington Trust, National Association, as trustee of the Ford (Stanton, TN) Lease-Backed Pass-Through Trust (the “Trustee”), under a note purchase agreement dated October 22, 2025 (the “NPA”). The Note bears interest at a fixed rate of 6.84% per annum and requires monthly payments of principal and interest, with the full balance due at maturity on November 15, 2034.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1308208/000119312525251665/0001193125-25-251665-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"approximately $195.9 million"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Rate","value":"6.84% per annum"},{"label":"Maturity","value":"November 15, 2034"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}