Form 4: Universal Display Corp Executive Janice K. Mahon Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Janice K. Mahon, SVP of Tech Commercialization at Universal Display Corp, disposed of 857 shares of common stock to cover tax liabilities related to vesting restricted stock.
Summary
- On March 4, 2025, Janice K. Mahon, SVP of Tech Commercialization at Universal Display Corporation, disposed of 857 shares of common stock.
- The transaction was executed to satisfy a tax liability associated with the vesting of 1,677 shares of restricted stock.
- The shares were sold at a price of $148.85 per share.
- Following the transaction, Mahon directly owns 53,520 shares of Universal Display Corp.
- The transaction was reported on March 6, 2025.
Sentiment
Score: 5
Explanation: The document describes a routine stock transaction for tax purposes, which is neutral in sentiment.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies and are often related to compensation and tax planning. This transaction is a routine event and doesn't necessarily indicate a change in the executive's confidence in the company.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine sale of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of stock disposal to cover tax liability. |
| 03/06/2025 | Date of Form 4 filing. |
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