Form 4: Lawrence Lacerte Reports Acquisition of Universal Display Corp Shares
SEC Form 4 Filing
Director Lawrence Lacerte reports acquiring 314 shares of Universal Display Corporation common stock on March 29, 2024.
Summary
- On March 29, 2024, Lawrence Lacerte, a director of Universal Display Corporation, acquired 314 shares of common stock.
- The acquisition price was $0 per share.
- Following the transaction, Lacerte beneficially owns 120,002 shares of Universal Display Corporation.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The director's increased stake could be interpreted as a sign of confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a change in the director's holdings of Universal Display Corporation stock.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment, as it indicates a director's increased investment in the company.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of transaction: Acquisition of 314 shares of common stock. |
| 04/02/2024 | Date of signature for the Form 4 filing. |
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