Form 4: Universal Display Corp Director Richard C. Elias Sells Shares
SEC Form 4
Director Richard C. Elias sold 5,064 shares of Universal Display Corporation (OLED) on August 29, 2024.
Summary
- Richard C. Elias, a director of Universal Display Corporation, sold 5,064 shares of common stock on August 29, 2024.
- The sale price was $192.6 per share, with prices ranging from $192.46 to $192.80.
- Following the transaction, Elias directly owns 4,439 shares.
- Elias also indirectly owns 628 shares through a gift trust, 7,793 shares through a family trust, and 755 shares through a grandchild trust.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company insiders.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on their interpretation of the director's actions.
Key Dates
| Date | Description |
|---|---|
| 08/29/2024 | Date of stock sale transaction |
| 09/03/2024 | Date of 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.