Form 4: Universal Display Corp Director Rosenblatt Reports Gift of Shares
SEC Form 4 Filing
Director Sidney D. Rosenblatt reports gifting shares of Universal Display Corporation stock, both directly and indirectly through a grantor retained annuity trust.
Summary
- On April 14, 2025, Sidney D. Rosenblatt, a director of Universal Display Corporation, reported a transaction involving the gifting of common stock.
- Rosenblatt gifted 690 shares of common stock directly and 690 shares indirectly through a Grantor Retained Annuity Trust.
- Following the transaction, Rosenblatt directly owns 136,274 shares and indirectly owns 2,830 shares through the Grantor Retained Annuity Trust and 17,499 shares through a spouse.
- The report was filed on April 16, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding a gift of shares, which is a neutral event.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The gifting of shares by a director could have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/14/2025 | Date of transaction (gifting of shares) |
| 04/16/2025 | Date of Form 4 filing |
Keywords
Universal Display Corporation, OLED, Director, Rosenblatt, Gift, Shares, Beneficial Ownership, Form 4
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