Form 4: Sidney D. Rosenblatt Reports Changes in Beneficial Ownership of Universal Display Corporation Stock

Director Sidney D. Rosenblatt reports acquisition of 314 shares of Universal Display Corporation stock and an annuity distribution of 1,137 shares.

Summary

• On March 29, 2024, Sidney D. Rosenblatt, a director of Universal Display Corporation, reported acquiring 314 shares of common stock.
• The acquisition was made at a price of $0.00 per share.
• Rosenblatt also received an annuity distribution of 1,137 shares from a Grantor Retained Annuity Trust on January 12, 2024.
• Following these transactions, Rosenblatt directly owns 127,878 shares of Universal Display Corporation common stock.
• Rosenblatt also indirectly owns 17,499 shares through a spouse and 19,342 shares through a Grantor Retained Annuity Trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in stock ownership. It doesn't inherently convey positive or negative sentiment, but the acquisition of shares by a director could be interpreted as a mildly positive signal.

Positives

• The director's acquisition of shares may signal confidence in the company's future prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.

Stakeholder Impact

• Shareholders may view the director's stock acquisition as a positive sign, potentially influencing investor confidence.

Key Dates