UNIVERSAL LOGISTICS HOLDINGS, INC. (ULH): Entry into a Material Definitive Agreement
UNIVERSAL LOGISTICS HOLDINGS, INC. (ULH) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.2 3 ulh-ex10_2.htm EX-10.2 EX-10.2 Exhibit 10.2 MEMBERSHIP INTEREST PURCHASE AGREEMENT This MEMBERSHIP INTEREST PURCHASE AGREEMENT (this “ Agreement ”) is entered into and consummated as of June 24, 2026 (the “ Effective Date ”), by and between UTSI Finance, Inc., a Michiga
How this was made
The 30-second read
Why it matters
Based on the excerpt, the transaction is structured as a membership-interest transfer connected to a broader real-estate arrangement (Kearny REPA). However, the excerpt does not provide the economic magnitude or operational implications, limiting immediate trading impact.
Market read
This is a definitive-agreement disclosure, but the excerpt’s only explicit payment term is $100 nominal cash, with broader economics deferred to the referenced Kearny REPA not included here.
What to watch
Traders should look for subsequent exhibits/8-K amendments that specify contingent payments, environmental liabilities/indemnities, or any changes to Universal Intermodal Services’ lease terms tied to the Newark Facility.
Background
The 8-K (Item 1.01) attaches an exhibit for a membership interest purchase agreement effective June 24, 2026, transferring 100% of Passaic Ventures’ interests that own property in Newark, NJ.
Ticker impact
ULH filed an 8-K for a material definitive agreement tied to buying 100% of Passaic Ventures’ membership interests for $100 nominal cash consideration.
Limited near-term impact unless later 8-K exhibits/press releases clarify the broader commercial arrangement and any contingent payments or operational effects.
This is an SEC 8-K item 1.01 with an exhibit describing membership-interest transfer; the excerpt shows $100 nominal cash and references a broader arrangement (Kearny REPA) without additional financial terms.
Market effects
Minimal sector read-through; appears to be a real-estate/asset-structure transaction rather than operating guidance.
Potential localized impact in Newark, NJ real-estate/industrial footprint, but no operational or capex details provided.
None indicated.
Counterpoint
Nominal $100 consideration suggests the economic substance may be elsewhere (e.g., in the referenced Kearny REPA), so the market may discount this 8-K until full terms are disclosed.
Key entities
- public_companyUniversal Logistics Holdings, Inc.
Subject of the SEC 8-K; filed for entry into a material definitive agreement.
- counterpartyUTSI Finance, Inc.
Buyer under the membership interest purchase agreement.
- counterpartyLakeshore Ventures LLC
Seller under the membership interest purchase agreement.
- target_asset_entityPassaic Ventures LLC
Owns the Newark, New Jersey facility; 100% membership interests are being transferred.
