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- Related Party (new) — Transaction involved entity affiliated with Chairman and director, though approved by disinterested board members.
ULH subsidiary sells New Jersey property for $38M cash plus Newark facility to chairman-affiliated entity
Filed June 26, 2026 · Period ending June 24, 2026 · ~1 min read
Key Changes
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UTSI Finance sold Kearny, NJ facility for $38M cash and received Newark, NJ property via membership interest transfer from Lakeshore Ventures, an entity affiliated with Chairman Matthew T. Moroun and director Matthew J. Moroun.
Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR → -
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Related-party transaction approved by disinterested board members including full Audit Committee, following proper governance procedures for transactions involving company insiders.
Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
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Generated by AI · Jun 29, 2026 12:05 AM