Form 4: Universal Display Corp Director Rosenblatt Acquires Shares
SEC Form 4 Filing
Director Sidney D. Rosenblatt acquired 314 shares of Universal Display Corporation on June 28, 2024.
Summary
- On June 28, 2024, Sidney D. Rosenblatt, a director of Universal Display Corporation, acquired 314 shares of common stock.
- The shares were acquired directly.
- Following the transaction, Rosenblatt directly owns 128,192 shares of Universal Display Corporation.
- Rosenblatt also indirectly owns 17,499 shares through a spouse and 19,342 shares through a Grantor Retained Annuity Trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing of a director acquiring shares, which could be seen as a positive signal, but without more context, it's difficult to gauge the overall impact.
Positives
- The acquisition of shares by a director may signal confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects within the OLED technology industry.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 06/28/2024 | Date of the transaction where Sidney D. Rosenblatt acquired shares. |
| 07/02/2024 | Date of signature on the Form 4 filing. |
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