Form 4: Universal Display Corp Director Richard C. Elias Reports Changes in Beneficial Ownership

Director Richard C. Elias reports changes in beneficial ownership of Universal Display Corporation stock due to gift transactions.

Summary

• On April 28, 2025, Richard C. Elias, a director of Universal Display Corporation, reported changes in his beneficial ownership of the company's common stock.
• The transactions involved the gifting of shares, resulting in a decrease in direct ownership and adjustments to indirect ownership through family, gift, and grandchild trusts.
• Specifically, 342 shares were disposed of directly, while indirect holdings through various trusts remained.
• Following the reported transactions, Elias directly owns 0 shares and indirectly owns 9,391 shares through a family trust, 4,439 shares through a gift trust, and 755 shares through a grandchild trust.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, indicating standard transactions. It doesn't convey any particularly positive or negative sentiment regarding the company's performance or prospects.

Industry Context

This filing is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

• The gifting of shares by a director may have a minor impact on shareholders, primarily through potential changes in ownership structure, but is unlikely to significantly affect the company's operations or financial performance.

Key Dates

Keywords

Beneficial Ownership, Form 4, Director, Richard C. Elias, Universal Display Corporation, OLED, Stock, Gifting, Family Trust, Gift Trust, Grandchild Trust