Short answer
UNIVERSAL LOGISTICS HOLDINGS, INC. (ULH) filed an 8-K current report with the SEC on June 26, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement). UTSI sold its Kearny, New Jersey facility for $38.0 million cash, subject to contractual adjustments.
UNIVERSAL LOGISTICS HOLDINGS, INC. 8-K event analysis
AI summary of each reported item and its exhibits
Item 1.01 · Entry into a Material Definitive Agreement
- UTSI sold its Kearny, New Jersey facility for $38.0 million cash, subject to contractual adjustments
- Consideration also included all membership interests in Passaic Ventures, owner of a Newark, New Jersey facility
- Related-party transaction involving Chairman Matthew T. Moroun and director Matthew J. Moroun
- Disinterested directors and the Audit Committee approved the agreements, reducing governance conflict concerns
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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