Form 4: Universal Display CEO Receives 2026 Stock Grant

Universal Display Corporation's President and CEO, Steven V. Abramson, reported the acquisition of 16,782 restricted stock units as part of his 2026 compensation and the disposition of 1,963 shares for tax withholding.

Summary

• Steven V. Abramson, President and CEO of Universal Display Corp, acquired 16,782 common stock units on February 17, 2026, as part of his 2026 Long Term Incentive Plan compensation.
• These units were granted at a price of $0 and are subject to time-based vesting, with one-third vesting annually on February 17, 2027, 2028, and 2029.
• On February 18, 2026, Abramson disposed of 1,963 shares of common stock at a price of $119.92 per share.
• This disposition was to satisfy tax liabilities related to the vesting of 4,593 previously granted restricted stock shares on the same date.
• Following these transactions, Abramson beneficially owns 270,624 shares of Universal Display Corporation common stock.
• His beneficial ownership also includes 73 shares acquired via the Employee Stock Purchase Plan on June 30, 2025, and 15 shares acquired on September 30, 2025.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this filing as moderately positive, primarily due to the significant grant of restricted stock units to the CEO, which aligns management's long-term interests with shareholders. The disposition was a routine tax-related event.

Positives

• The grant of 16,782 restricted stock units aligns the CEO's long-term incentives with shareholder interests.
• The stock grant is part of the CEO's 2026 compensation, indicating continued commitment and compensation structure.

Negatives

• The disposition of 1,963 shares was solely for tax withholding purposes, which is a routine event and not indicative of a negative outlook.

Future Outlook

The 16,782 restricted stock units granted to Steven V. Abramson are scheduled to vest in three equal annual installments on February 17, 2027, 2028, and 2029, indicating a multi-year incentive structure.

Industry Context

StockSavvy.ai notes that routine insider transaction reports like this Form 4 are common across publicly traded companies, reflecting standard executive compensation practices involving equity grants and subsequent tax-related dispositions. These filings provide transparency into executive holdings but typically do not offer broader industry insights.

Stakeholder Impact

• Shareholders: The grant of restricted stock units to the CEO reinforces alignment between executive compensation and long-term shareholder value creation.
• Employees: The mention of the Employee Stock Purchase Plan (ESPP) indicates a broader employee equity participation program.

Next Steps

• Vesting of one-third of the 16,782 restricted stock units on February 17, 2027.
• Vesting of one-third of the 16,782 restricted stock units on February 17, 2028.
• Vesting of one-third of the 16,782 restricted stock units on February 17, 2029.

Key Dates

Keywords

Universal Display, OLED, Steven Abramson, Insider Transaction, Form 4, Restricted Stock Unit, Compensation, Stock Grant, Tax Withholding, Executive Compensation