Form 4: Director Elias Gifts OLED Shares to Family Trust

Universal Display Director Richard C. Elias transferred 341 shares of common stock to a family trust under a pre-arranged trading plan.

Summary

• Richard C. Elias, a Director of Universal Display Corp (OLED), reported a change in beneficial ownership.
• On January 30, 2026, Elias disposed of 341 shares of common stock directly.
• Concurrently, 341 shares of common stock were acquired indirectly by a Family Trust.
• The transactions were reported as gifts (Transaction Code 'G') with a price of $0 per share.
• The transactions were made pursuant to a Rule 10b5-1(c) pre-arranged trading plan.
• Following these transactions, Elias directly owns 0 shares and indirectly owns 10,415 shares via a Family Trust, 4,439 shares via a Gift Trust, and 755 shares via a Grandchild Trust, totaling 15,609 indirect shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, typical for insider estate planning, with no direct positive or negative implications for the company's operational performance or stock valuation.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, indicating pre-planning and potentially reducing concerns about opportunistic trading.

Future Outlook

No future outlook or guidance is provided in this Form 4 filing, as it pertains solely to an insider's change in beneficial ownership.

Industry Context

StockSavvy.ai notes that insider transactions, particularly gifts to trusts, are common for high-net-worth individuals for estate planning purposes and typically do not reflect a change in the insider's confidence in the company's future performance. This is a routine disclosure for a director of a leading OLED technology company.

Comparison to Industry Standards

• This type of insider transaction (gift to a family trust) is a standard practice among executives and directors across various industries, including technology and materials sectors.
• It aligns with common estate planning strategies and does not inherently signal a change in the company's operational or financial standing compared to peers like LG Display or Samsung Display, which also have executives engaging in similar personal financial planning.

Related Party Transactions

• The gift of 341 shares of common stock to a Family Trust by Director Richard C. Elias constitutes a related party transaction, as the trust is associated with a company insider.

Stakeholder Impact

• Minimal direct impact on shareholders, employees, customers, suppliers, or creditors as this is a personal financial planning transaction by a director.

Key Dates

Recommendation

This Form 4 reports a routine insider transaction involving a gift of shares to a family trust, executed under a 10b5-1 plan. Such transactions are typically for estate planning purposes and do not provide new material information regarding the company's financial health, operational performance, or future prospects. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Universal Display Corp, OLED, Richard C. Elias, Form 4, Insider Transaction, Beneficial Ownership, Stock Gift, 10b5-1 Plan, Director