Form 4: Universal Display Corp Director Richard C. Elias Reports Stock Transactions
SEC Form 4 Filing
Director Richard C. Elias reports changes in beneficial ownership of Universal Display Corporation stock due to gift and trust transactions.
Summary
- On February 28, 2024, Richard C. Elias, a director of Universal Display Corporation, reported changes in his beneficial ownership of the company's common stock.
- The transactions involved gifts and trust arrangements.
- Following the reported transactions, Elias directly owns 3,280 shares of common stock.
- He indirectly owns 7,820 shares through a family trust, 755 shares through a grandchild trust, 516 shares through a Grantor Retained Annuity Trust, and 5,680 shares through a Gift Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider and doesn't necessarily reflect a significant event for the OLED industry as a whole.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership structure, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of stock transactions (gifts and trust transfers) |
| 03/01/2024 | Date of signature on the Form 4 filing |
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