Form 4: Universal Display Corp Director Lacerte Acquires Additional Shares
SEC Form 4
Director Lawrence Lacerte purchased 742 shares of Universal Display Corporation (OLED) at $180.89 per share on November 4, 2024.
Summary
- On November 4, 2024, Lawrence Lacerte, a director of Universal Display Corporation, acquired 742 shares of the company's common stock.
- The purchase price was $180.89 per share.
- Following the transaction, Lacerte directly owns 122,372 shares of Universal Display Corporation.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction, and while insider buying can be seen as positive, it's not a significant amount relative to Lacerte's existing holdings.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This transaction is a routine disclosure of insider trading activity. It doesn't necessarily indicate a major shift in the company's outlook but provides insight into the actions of a key insider.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 11/04/2024 | Date of transaction: Lawrence Lacerte purchased shares of Universal Display Corporation. |
| 11/06/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.