UNIVERSAL INSURANCE HOLDINGS INC filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
$UVE
Property-Casualty Insurers
Finance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) June 17, 2024
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (954 ) 958-1200
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.07 | Submission of Matters to a Vote of Security Holders | ||||
The Company's shareholders voted on the following proposals at the Company's annual shareholder meeting on June 13, 2024. The final voting results are provided below.
Proposal No. 1: Election of Directors. 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 | ||||||||||||||||||||||
Carol G. Barton | 18,888,369 | 192,424 | 38,456 | 3,133,412 | ||||||||||||||||||||||
| Shannon A. Brown | 18,827,132 | 253,863 | 38,254 | 3,133,412 | ||||||||||||||||||||||
| Scott P. Callahan | 16,448,207 | 2,631,007 | 40,035 | 3,133,412 | ||||||||||||||||||||||
| Kimberly D. Campos | 18,538,674 | 539,950 | 40,625 | 3,133,412 | ||||||||||||||||||||||
| Stephen J. Donaghy | 18,605,711 | 474,905 | 38,633 | 3,133,412 | ||||||||||||||||||||||
| Sean P. Downes | 18,269,587 | 811,617 | 38,045 | 3,133,412 | ||||||||||||||||||||||
| Marlene M. Gordon | 18,358,840 | 722,979 | 37,430 | 3,133,412 | ||||||||||||||||||||||
| Francis X. McCahill | 17,726,071 | 1,354,233 | 38,945 | 3,133,412 | ||||||||||||||||||||||
| Richard D. Peterson | 18,667,477 | 412,751 | 39,021 | 3,133,412 | ||||||||||||||||||||||
| Michael A. Pietrangelo | 18,140,867 | 937,984 | 40,398 | 3,133,412 | ||||||||||||||||||||||
| Ozzie A. Schindler | 17,466,998 | 1,627,302 | 24,949 | 3,133,412 | ||||||||||||||||||||||
| Jon W. Springer | 18,575,033 | 490,812 | 53,404 | 3,133,412 | ||||||||||||||||||||||
Proposal No. 2: The shareholders approved the Amended and Restated Universal Insurance Holdings, Inc. 2021 Omnibus Incentive Plan.
| For: | 17,224,306 | |||||||
| Against: | 1,808,745 | |||||||
| Abstain: | 86,198 | |||||||
| Broker Non-Votes: | 3,133,412 | |||||||
Proposal No. 3: The shareholders approved, on an advisory basis, the compensation of the Company's named executive officers.
| For: | 18,084,178 | |||||||
| Against: | 934,423 | |||||||
| Abstain: | 100,648 | |||||||
| Broker Non-Votes: | 3,133,412 | |||||||
Proposal No. 4: 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, 2024.
| For: | 21,329,057 | |||||||
| Against: | 611,028 | |||||||
| Abstain: | 312,576 | |||||||
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: June 17, 2024 | UNIVERSAL INSURANCE HOLDINGS, INC. | ||||||||||||||||
| By: | /s/ Stephen J. Donaghy | ||||||||||||||||
| Name: | Stephen J. Donaghy | ||||||||||||||||
| Title: | Chief Executive Officer | ||||||||||||||||