Form 4: Universal Display Corp Director Acquires Shares
SEC Form 4
Sidney D. Rosenblatt, a director at Universal Display Corporation, acquired 314 shares of common stock on September 30, 2024.
Summary
- On September 30, 2024, Sidney D. Rosenblatt, a director of Universal Display Corporation, acquired 314 shares of common stock.
- The shares were acquired directly.
- Following the transaction, Rosenblatt directly owns 122,506 shares of common stock.
- Rosenblatt also indirectly owns 17,499 shares through a spouse and 19,342 shares through a Grantor Retained Annuity Trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but the transaction is relatively small and doesn't provide a strong signal.
Positives
- A director's acquisition of shares can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored in the OLED technology sector, as they can provide insights into a company's performance and future expectations relative to its competitors.
Stakeholder Impact
- The share acquisition could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of the transaction where Sidney D. Rosenblatt acquired shares. |
| 10/02/2024 | Date of signature on the Form 4 filing. |
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