Form 4: Director C. Keith Hartley Acquires Universal Display Stock
Statement of Changes in Beneficial Ownership
Director C. Keith Hartley acquired 456 shares of Universal Display Corporation common stock on March 31, 2026.
Summary
- Director C. Keith Hartley received 456 shares of common stock as a grant.
- The transaction occurred on March 31, 2026.
- The shares were acquired at a price of $0, indicating a stock-based compensation award.
- Following this transaction, the director's total beneficial ownership is 84,298 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.
Positives
- Director alignment with shareholder interests through increased equity ownership.
- Total beneficial ownership increased to 84,298 shares.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
Not applicable as this is a routine insider transaction filing.
Industry Context
StockSavvy.ai notes that routine equity grants to directors are standard corporate governance practices intended to align board member incentives with long-term shareholder value in the technology and display materials sector.
Comparison to Industry Standards
- The acquisition of equity by directors is a standard practice among S&P 500 and technology-sector companies to ensure board alignment.
- The transaction size is consistent with typical director compensation packages for companies of similar market capitalization.
Stakeholder Impact
- Minimal impact on shareholders as this represents a standard director compensation event.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 03/31/2026 | Date of the stock acquisition transaction. |
| 04/02/2026 | Date the Form 4 was signed and filed. |
Keywords
Universal Display Corporation, OLED, Insider Trading, Form 4, Director Ownership
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