Form 4: Universal Display Corp CEO Abramson Reports Stock Transfers

CEO Steven V. Abramson reports gifting of Universal Display Corporation stock and shares acquired through an employee stock purchase plan.

Summary

• On April 14, 2025, Steven V. Abramson, the President and CEO of Universal Display Corporation, reported changes in his beneficial ownership of the company's stock.
• He gifted 4,591 shares of common stock.
• He also reported holding 442 shares indirectly through a Grantor Retained Annuity Trust.
• Additionally, he acquired 85 shares through the Universal Display Corporation Employee Stock Purchase Plan on March 31, 2025.
• Following these transactions, Abramson directly owns 255,717 shares and indirectly owns 442 shares through a Grantor Retained Annuity Trust.

Sentiment

Score: 6

Explanation: The document is a routine filing of stock transactions. The gifting of shares is neutral, while participation in the employee stock purchase plan is a slightly positive signal.

Positives

• The acquisition of shares through the Employee Stock Purchase Plan indicates confidence in the company's future.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

• The stock gifting may have a minor impact on shareholders due to the change in ownership.

Key Dates

Keywords

Universal Display Corporation, OLED, Steven V. Abramson, stock, beneficial ownership, Form 4, employee stock purchase plan, Grantor Retained Annuity Trust