Universal Electronics INC

Universal Electronics Inc.'s subsidiary, Gemstar Technology (Yangzhou) Co. Ltd., has entered into a Working Capital Loan Contract with Bank of China Limited, Baoying Sub-Branch, for general business purposes.

Universal Electronics Inc. announced the resignation of director Sue Ann R. Hamilton, effective June 30, 2026, citing no disputes with management.

Universal Electronics Inc. announced the results of its annual stockholder meeting held on May 19, 2026, detailing director elections, charter amendments, and compensation plan approvals.

Universal Electronics Inc. announced that Ramzi Ammari, Senior Vice President, Corporate Planning and Strategy, will retire effective May 29, 2026.

Universal Electronics Inc. announced the appointment of Wade M. Jenke as its new Chief Financial Officer, effective December 30, 2025.

Universal Electronics Inc. announced the retirement of David Chong, Executive Vice President of Global Sales, effective December 19, 2025.

Universal Electronics Inc. reported a 14.4% decrease in net sales for the first quarter of 2026, alongside a reduction in gross margin, driven by unfavorable sales mix and tariff costs.

Universal Electronics Inc. reported a net loss of $8.3 million for Q3 2025, driven by declining home entertainment sales and restructuring charges, despite growth in connected home products.

Universal Electronics Inc. reported an 8% increase in net sales and significantly reduced its net loss in the second quarter of 2025, driven by strong growth in its connected home segment.

Universal Electronics Inc. reports a slight increase in net sales and a reduced operating loss for the first quarter of 2025 compared to the same period in 2024.

Universal Electronics Inc. reported a decrease in net sales but an increase in gross margin for the third quarter of 2024, alongside ongoing restructuring efforts.

Universal Electronics Inc. experienced a decrease in net sales but an increase in gross margin during the second quarter of 2024, as the company continues to navigate macroeconomic challenges and optimize its manufacturing footprint.

Universal Electronics Inc. reports a net loss of $18.6 million for fiscal year 2025, alongside a 6.7% revenue decline, as it continues strategic restructuring and focuses on climate control solutions.

Universal Electronics Inc. reports a decrease in net sales for fiscal year 2024, but improves gross profit percentage and reduces operating expenses amid strategic restructuring.

Universal Electronics Inc. has amended its credit agreement, adjusting financial terms and extending the facility termination date to April 30, 2025.

Universal Electronics Inc. CFO Wade Jenke was granted 100,000 performance stock units subject to market and service conditions.

Universal Electronics Inc. director Michael D. Burger was granted 31,017 restricted stock units as part of his annual director compensation.

Universal Electronics Inc. director Satjiv Chahil was awarded 31,017 restricted stock units as part of annual director compensation.

Universal Electronics Inc. director Sue Ann Hamilton was granted 31,017 restricted stock units as part of annual director compensation.

Director Eric Singer acquired 31,017 restricted stock units in Universal Electronics Inc. as part of director compensation.

Universal Electronics Inc. director John Mutch was granted 31,017 restricted stock units as part of annual director compensation.

Universal Electronics Inc. has announced its 2026 Annual Meeting of Stockholders, set for May 19, 2026, to vote on key corporate governance and compensation matters.

Universal Electronics Inc.'s proxy statement reveals details about an executive transition, compensation practices, and matters to be voted on at the upcoming annual meeting.

Universal Electronics Inc. addresses concerns raised by ISS regarding executive compensation, highlighting changes made to align pay with performance and stockholder interests, while Glass Lewis recommends voting for the Say-on-Pay proposal.

Universal Electronics Inc. is asking stockholders to approve an amended equity and incentive compensation plan at the upcoming annual meeting.

Kent Lake Partners LP and its affiliates have reduced their beneficial ownership in Universal Electronics Inc. to 7.4% through recent open market sales.

Universal Electronics Inc. has reached a cooperation agreement with activist investor Kent Lake Partners LP, resulting in the appointment of Michael D. Burger to its Board of Directors and establishing mutual standstill and voting commitments.

Toro 18 Holdings LLC and Immersion Corp, along with affiliated individuals, have increased their beneficial ownership in Universal Electronics Inc. to 11.8% and appointed John Mutch to the Board of Directors, effective April 15, 2025, as part of a December 2023 Cooperation Agreement.

Kent Lake Partners LP and its affiliates have filed a Schedule 13D, revealing a significant 8.20% beneficial ownership in Universal Electronics Inc., driven by a belief that the shares were undervalued.

Leviticus Partners LP has disclosed a beneficial ownership of 4.9% in Universal Electronics Inc., holding 629,995 shares as of May 14, 2026.

Leviticus Partners LP has disclosed beneficial ownership of 655,000 shares, representing 5.1% of the outstanding common stock of Universal Electronics Inc.

Kent Lake PR LLC, Kent Lake Partners LP, and Benjamin Natter have filed an amended Schedule 13G, confirming their collective beneficial ownership of 4.9% of Universal Electronics Inc. common stock.

Leviticus Partners LP has filed an amended Schedule 13G, disclosing a 4.8% passive ownership stake in Universal Electronics Inc. common stock.

Kent Lake PR LLC, Kent Lake Partners LP, and Benjamin Natter have reported a collective beneficial ownership of 6.4% in Universal Electronics Inc. common stock.

Manulife Financial Corporation and its subsidiary, Manulife Investment Management Limited, have filed an amendment to their Schedule 13G, disclosing a negligible beneficial ownership of Universal Electronics Inc. common stock.