Form 4: Director Elias Gifts OLED Shares to Family Trust
Insider Transaction Report
Universal Display Corp Director Richard C. Elias reported gifting 342 shares of common stock to a family trust.
Summary
- Richard C. Elias, a Director of Universal Display Corp (OLED), reported a gift transaction.
- On August 1, 2025, Elias directly disposed of 342 shares of Common Stock.
- Concurrently, 342 shares of Common Stock were indirectly acquired by a Family Trust, with a transaction price of $0.
- Following these transactions, Elias directly owns 0 shares.
- Indirect beneficial ownership includes 9,733 shares via a Family Trust, 4,439 shares via a Gift Trust, and 755 shares via a Grandchild Trust.
Sentiment
Score: 5
Explanation: The transaction is a gift of shares by a director to family trusts, which is a personal estate planning matter and generally has a neutral impact on the company's operational or financial outlook.
Positives
- The transaction represents a director's long-term estate planning, which is a neutral event for the company's operations.
Negatives
- No direct negative implications for the company's operations or financial health are indicated by this personal transaction.
Future Outlook
No forward-looking statements or guidance are provided.
Industry Context
This filing is a routine insider transaction report and does not provide information related to broader industry trends or competitive landscape.
Related Party Transactions
- Gift of 342 shares of common stock to a Family Trust, a Gift Trust, and a Grandchild Trust by Director Richard C. Elias.
Stakeholder Impact
- Minimal direct impact on shareholders as it's a personal estate planning transaction by a director, not a sale into the open market.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 08/01/2025 | Date of earliest transaction (gift of common stock) |
| 08/05/2025 | Signature date of the filing |
Recommendation
holdThe filing is a Form 4 detailing a gift of shares by a director to family trusts. This type of transaction is primarily for personal estate planning and does not reflect on the company's operational performance, financial health, or strategic direction. As such, it provides no new fundamental information to warrant a change in investment recommendation based solely on this filing.
Keywords
Universal Display Corp, OLED, Richard C. Elias, Director, SEC Form 4, Insider Transaction, Stock Gift, Beneficial Ownership
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