Form 4: Universal Display Corp Director Richard C. Elias Reports Gift of Shares
SEC Form 4 Filing
Director Richard C. Elias reports a gift transaction involving Universal Display Corporation (OLED) shares on December 31, 2024.
Summary
- On December 31, 2024, Richard C. Elias, a director of Universal Display Corporation, reported a transaction involving the company's common stock.
- The transaction involved the acquisition of 314 shares through a gift.
- Following the transaction, Elias directly owns 314 shares.
- Elias also indirectly owns 4,439 shares through a gift trust, 8,735 shares through a family trust, and 755 shares through a grandchild trust.
Sentiment
Score: 5
Explanation: This is a routine filing related to a gift of shares, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares relative to the company's total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of the transaction (gift of shares) |
| 01/03/2025 | Date of signature on the Form 4 filing |
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