Form 4: Universal Display Corp Director Sells 3,000 Shares

Lawrence Lacerte, a director at Universal Display Corporation, disposed of 3,000 shares of common stock on December 3, 2024.

Summary

• Lawrence Lacerte, a director of Universal Display Corporation, sold 3,000 shares of common stock.
• The transaction occurred on December 3, 2024.
• The shares were disposed of at a price of $0, which likely indicates a gift or transfer rather than a market sale.
• Following the transaction, Lacerte directly owns 119,372 shares of Universal Display Corporation.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a transaction by a company director. It doesn't indicate positive or negative sentiment about the company's performance or future prospects.

Industry Context

This is a routine disclosure of a transaction by a company insider, which is common in the corporate world. Such filings are closely watched by investors for insights into management's view of the company's prospects, although this particular transaction at $0 is unlikely to be market related.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transaction itself, a disposal at $0, is not typical of market sales and may represent a gift or transfer, which is not uncommon for executive compensation or estate planning.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a relatively small number of shares and the disposal price of $0 suggests a non-market transaction.

Key Dates

Keywords

Universal Display Corporation, OLED, director, share disposal, insider trading, Form 4, equity securities