Form 4: Richard C. Elias Reports Changes in Beneficial Ownership of Universal Display Corporation Stock
SEC Form 4 Filing
Director Richard C. Elias reports a change in beneficial ownership of Universal Display Corporation stock due to a gift.
Summary
- Richard C. Elias, a director of Universal Display Corporation, filed a Form 4 on February 27, 2025, reporting changes in his beneficial ownership of the company's common stock.
- The reported transactions occurred on February 25, 2025, and involved the disposition of 314 shares as a gift and the acquisition of 314 shares as a gift.
- Following these transactions, Elias directly owns 0 shares of common stock.
- Elias also indirectly owns 9,049 shares through a family trust, 4,439 shares through a gift trust, and 755 shares through a grandchild trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a change in beneficial ownership due to a gift, which is a neutral event.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The change in ownership is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of transaction (gift of stock). |
| 02/27/2025 | Date of Form 4 filing. |
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