Companies Universal Logistics Holdings, Inc
Universal Logistics (ULH): executive pay, fiscal 2025
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CEO pay, last three years
- $1,232,090FY2023
- $1,236,098FY2024
- $1,193,811FY2025
CEO total pay was $1,193,811 in fiscal 2025, down from $1,236,098 in fiscal 2024.
FY2025: salary $700,180 · bonus $318,500 · stock awards $175,020 · option awards $0
Executives and directors
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Tim Phillips | $700,180 | $318,500 | $175,020 | $0 | $0 | $0 | $111 | $1,193,811 |
| President and Chief Executive Officer | ||||||||
| Jude Beres | 548,314 | 210,000 | 223,599 | 0 | 0 | 0 | 111 | 982,024 |
| Chief Financial Officer and Treasurer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Tim Phillips | $1,193,811 | $1,236,098 | $1,232,090 | ↓ −42,287 |
| Jude Beres | 982,024 | 1,057,100 | 982,393 | ↓ −75,076 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The primary objective of the Company's executive compensation program is to support the creation of long-term value for stockholders. The program is designed to attract, motivate, reward, and retain the executive leadership necessary to achieve the Company's strategic and operational objectives, while maintaining a disciplined and efficient approach to the use of corporate resources.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Cannot be determined from provided text |
| Clawback policy | Cannot be determined from provided text |
| Anti-hedging | — |
| Anti-pledging | — |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Jude Beres | OTHER | — | — | — | — | — | $223,599 |
| Tim Phillips | OTHER | — | — | — | — | — | 175,020 |
Vehicle mix — grant-date fair value by award type
Grant-level vehicle detail not disclosed.
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Jude Beres | RSU | 15,658 | — | $237,845 |
| Tim Phillips | RSU | 54,323 | — | 825,166 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Grant E. BelangerIndependent · Audit (Chair) · ESG Representative | $58,346 | $14,987 | — | $0 | $0 | $73,333 |
| Richard P. UrbanIndependent · Audit | 48,334 | 9,999 | — | 0 | 0 | 58,333 |
| Marcus D. HudsonIndependent · Audit | 52,500 | 0 | — | 0 | 0 | 52,500 |
| H.E. Scott WolfeIndependent | 50,000 | 0 | — | 0 | 0 | 50,000 |
| Clarence W. GoodenIndependent | 50,000 | 0 | — | 0 | 0 | 50,000 |
| Matthew J. MorounNot independent | 35,013 | 14,987 | — | 0 | 0 | 50,000 |
| Michael A. ReganIndependent | 42,001 | 7,999 | — | 0 | 0 | 50,000 |
| Frederick P. CalderoneNot independent | 50,000 | 0 | — | 0 | 0 | 50,000 |
| Daniel J. DeaneIndependent · Departed during FY | 27,500 | 0 | — | 0 | 0 | 27,500 |
| Tim PhillipsEmployee director · Compensation · Executive | 0 | 0 | 0 | 0 | 0 | 0 |
| Matthew T. MorounIndependent | — | 14,987 | — | 0 | 0 | — |
Board fee structure and ownership guideline
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 15,000 / 100,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $413,694 |
| Equity awards (grant-date value) | $62,959 |
| All other compensation | $0 |
| Total cost of the board | $476,653 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Universal Logistics as a peer
Companies that benchmark against ULH
5 companies name ULH as a compensation peer
- RADIANT LOGISTICS, INCRLGTFY2026
- RXO, Inc.RXOFY2025
- RYDER SYSTEM INCRFY2025
- SAIA INCSAIAFY2025
Each company listed discloses ULH in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named ULH in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Universal Logistics Holdings, Inc | 2025 | Tim Phillips | $700,180 | $175,020 | $0 | $0 | $1,193,811 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-04-29 | 25,683,675 | 176,542 | 43,859 | 99.32% | Passed |
| 2023 | 2023-04-26 | 25,040,757 | 172,655 | 12,112 | 99.32% | Passed |
| 2020 | 2020-04-30 | 25,690,700 | 587,912 | 15,953 | 97.76% | Passed |
| 2017 | 2017-04-27 | 25,686,802 | 2,194,657 | 22,604 | 92.13% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-04-29 | 99.32%a |
| 2023 | 2023-04-26 | 99.32%b |
| 2020 | 2020-04-30 | 97.76%c |
a. Voting standard not stated in the filing.
b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be treated as votes cast and, accordingly, will have no effect on the outcome of the vote on this proposal.”.
c. Approved under the standard stated in the filing — “Accordingly, abstentions and broker non-votes will not count either in favor of or against the proposal.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 26 : 1 |
|---|---|
| CEO total compensation | $1,193,811 |
| Median employee compensation | $45,990 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (22 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Tim Phillips. DEF 14A, filed 2026-03-31. Section “Summary Compensation Table” · page 25. As printed: 1,193,811. View filing ↗
- Section 01, Jude Beres. DEF 14A, filed 2026-03-31. Section “Summary Compensation Table”. As printed: 982,024. View filing ↗
- Section 03, Jude Beres OTHER. DEF 14A, filed 2026-03-31. Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. View filing ↗
- Section 03, Tim Phillips OTHER. DEF 14A, filed 2026-03-31. Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-03-31. Section “CEO Pay Ratio”. As printed: 26 : 1. View filing ↗
- Section 08, Grant E. Belanger. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: 73,333. View filing ↗
- Section 08, Richard P. Urban. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: 58,333. View filing ↗
- Section 08, Marcus D. Hudson. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: 52,500. View filing ↗
- Section 08, H.E. Scott Wolfe. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: 50,000. View filing ↗
- Section 08, Clarence W. Gooden. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: 50,000. View filing ↗
- Section 08, Matthew J. Moroun. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: 50,000. View filing ↗
- Section 08, Michael A. Regan. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: 50,000. View filing ↗
- Section 08, Frederick P. Calderone. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: 50,000. View filing ↗
- Section 08, Daniel J. Deane. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: 27,500. View filing ↗
- Section 08, Tim Phillips. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Matthew T. Moroun. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: —. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-05-01. Item 5.07 · say-on-pay result. As reported: 99.32% (votes for as printed: 25,683,675). View filing ↗
- Section 06, 2023 vote. Form 8-K, filed 2023-04-27. Item 5.07 · say-on-pay result. As reported: 99.32% (votes for as printed: 25,040,757). View filing ↗
- Section 06, 2020 vote. Form 8-K, filed 2020-04-30. Item 5.07 · say-on-pay result. As reported: 97.76%. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 413,694 + equity 62,959 + all other 0 = 476,653, summed across the director compensation table rows.
- Universal Logistics Holdings, Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in Universal Logistics Holdings, Inc's own proxy. As printed: 1,193,811. View filing ↗