Form 4: Universal Display Corp Director Richard C. Elias Reports Gift of Shares

Director Richard C. Elias reports a transaction involving Universal Display Corporation (OLED) shares, including the acquisition of shares and a disposition by gift.

Summary

• On June 28, 2024, Richard C. Elias, a director of Universal Display Corporation, reported a transaction involving the company's common stock.
• The transaction included the acquisition of 314 shares at $0 and a disposition of shares by gift.
• Following the reported transactions, Elias directly owns 3,908 shares of common stock.
• Elias also indirectly owns 755 shares through a Grandchild Trust, 5,680 shares through a Gift Trust, and 8,336 shares through a Family Trust.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a transaction by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.
• The gift of shares may have implications for the recipients of the gift.

Key Dates