The estimated Net Worth of Sean P Downes is at least $59.6 Million dollars as of 29 August 2024. Mr. Downes owns over 20,000 units of Universal Insurance Inc stock worth over $22,464,100 and over the last 17 years he sold UVE stock worth over $31,688,897. In addition, he makes $5,406,060 as Executive Chairman of the Board at Universal Insurance Inc.
Sean has made over 103 trades of the Universal Insurance Inc stock since 2012, according to the Form 4 filled with the SEC. Most recently he sold 20,000 units of UVE stock worth $425,200 on 29 August 2024.
The largest trade he's ever made was exercising 1,050,000 units of Universal Insurance Inc stock on 10 March 2014 worth over $5,092,500. On average, Sean trades about 28,559 units every 29 days since 2007. As of 29 August 2024 he still owns at least 1,102,262 units of Universal Insurance Inc stock.
You can see the complete history of Mr. Downes stock trades at the bottom of the page.
Sean P. Downes serves as Executive Chairman of the Board of the Company. Mr. Downes became Executive Chairman in July 2019. Prior to being the Executive Chairman, Mr. Downes was Chairman of the board of directors and Chief Executive Officer of the Company from 2013 to July 2019. Mr. Downes also served as President of the Company from 2013 to March 10, 2016. Prior to becoming President and Chief Executive Officer, Mr. Downes served as Senior Vice President and Chief Operating Officer of the Company since 2005 and Chief Operating Officer of UPCIC, a wholly-owned subsidiary of the Company, since 2003. Mr. Downes has served as a director of the Company since 2005 and as a director of UPCIC since 2003. Prior to joining UPCIC, Mr. Downes was Chief Operating Officer of Alder Adjusting Corporation (formerly Universal Adjusting Corporation), a wholly-owned subsidiary of the Company, from 1999 to 2003.
As the Executive Chairman of the Board of Universal Insurance Inc, the total compensation of Sean Downes at Universal Insurance Inc is $5,406,060. There are no executives at Universal Insurance Inc getting paid more.
Sean Downes is 50, he's been the Executive Chairman of the Board of Universal Insurance Inc since 2019. There are 12 older and 6 younger executives at Universal Insurance Inc. The oldest executive at Universal Insurance Holdings Inc is Joel Wilentz, 85, who is the Independent Director.
Sean's mailing address filed with the SEC is 1110 WEST COMMERCIAL BOULEVARD, SUITE 100, FORT LAUDERDALE, FL, 33309.
Over the last 18 years, insiders at Universal Insurance Inc have traded over $115,681,959 worth of Universal Insurance Inc stock and bought 264,322 units worth $5,053,343 . The most active insiders traders include Bradley I Meier, Sean P Downes, and Jon Springer. On average, Universal Insurance Inc executives and independent directors trade stock every 18 days with the average trade being worth of $1,495,912. The most recent stock trade was executed by Sean P Downes on 29 August 2024, trading 20,000 units of UVE stock currently worth $425,200.
universal insurance holdings inc (uve) is an insurance company located in 1110 w commercial blvd, fort lauderdale, florida, united states.
Universal Insurance Inc executives and other stock owners filed with the SEC include: