Form 4: Universal Display Corp: SVP & CLO Acquires OLED Shares

Mauro Premutico, SVP & Chief Legal Officer of Universal Display Corp, reported the acquisition of 3,244 shares of common stock on May 7, 2026, through a series of transactions.

Summary

• Mauro Premutico, Senior Vice President and Chief Legal Officer (SVP & CLO) of Universal Display Corporation (OLED), acquired a total of 3,244 shares of common stock on May 7, 2026.
• The acquisitions were made through multiple transactions at weighted average prices ranging from $92.05 to $94.64 per share.
• Specifically, 1,450 shares were acquired at a weighted average price of $92.51, 1,444 shares at $93.75, and 800 shares at $94.40.
• Following these transactions, Premutico beneficially owns 52,481 shares of common stock.
• The filing also notes that 132 shares were acquired under the Universal Display Corporation Employee Stock Purchase Plan on March 31, 2026.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing due to the insider purchase of shares, indicating management confidence, but lacking broader financial or strategic disclosures.

Positives

• Insider buying activity, as indicated by the SVP & CLO's acquisition of shares, can be interpreted as a positive signal of confidence in the company's future prospects.
• The acquisition of shares through an employee stock purchase plan suggests ongoing participation and commitment from management in the company's equity.

Negatives

• The filing does not contain any negative financial results or operational setbacks.

Risks

• The filing does not explicitly mention any current issues or potential future challenges.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider purchases of company stock, particularly by senior executives like an SVP & CLO, are often viewed by the market as a positive indicator of management's belief in the company's intrinsic value and future growth prospects, especially within the dynamic OLED technology sector.

Stakeholder Impact

• Shareholders may view the insider purchase as a positive signal of management's confidence in the company's future performance.
• Employees participating in the Employee Stock Purchase Plan demonstrate continued engagement with the company's equity.

Next Steps

• The reporting person will continue to beneficially own shares of Universal Display Corporation common stock.

Key Dates

Keywords

Universal Display Corp, OLED, Form 4, Insider Trading, Stock Acquisition, Mauro Premutico, SVP & CLO, Beneficial Ownership, Employee Stock Purchase Plan