Form 4: Universal Display Corp Executive Brian Millard Reports Stock Transaction
SEC Form 4 Filing
Brian Millard, VP/CFO of Universal Display Corporation, reports the disposal of 509 shares of common stock to cover tax liabilities related to vesting restricted stock.
Summary
- On March 7, 2025, Brian Millard, VP/CFO of Universal Display Corporation, disposed of 509 shares of common stock.
- The transaction was executed to cover tax liabilities associated with the vesting of 1,202 shares of restricted stock.
- The price per share was $159.74.
- Following the transaction, Millard directly owns 15,651 shares of Universal Display Corporation.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding insider transactions.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of stock transaction and vesting of restricted stock. |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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