Form 4: Universal Display Director Gifts Shares to Family Trust

Universal Display Corporation Director Richard C. Elias transferred 341 shares of common stock from direct ownership to a family trust as a gift.

Summary

• Richard C. Elias, a Director of Universal Display Corporation (OLED), reported a gift transaction of common stock.
• On November 19, 2025, Elias disposed of 341 shares directly owned at a price of $0.
• Concurrently, 341 shares were acquired indirectly by a Family Trust at a price of $0.
• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-arranged transfer.
• Following the transaction, Elias directly owns 0 shares.
• Indirect beneficial ownership includes 10,074 shares by a Family Trust, 4,439 shares by a Gift Trust, and 755 shares by a Grandchild Trust.

Sentiment

Score: 6

Explanation: A gift transaction to a family trust is generally neutral to slightly positive, as it indicates long-term holding intent and estate planning rather than a divestment due to lack of confidence. The shares remain within the director's beneficial interest.

Positives

• The transaction was a gift, not a sale, indicating no immediate cash out by the director.
• The shares remain within the beneficial ownership of the director's family, aligning long-term interests with the company's performance.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, suggesting pre-planning and not a reaction to immediate market conditions.

Future Outlook

NA

Industry Context

Insider transactions, particularly gifts to family trusts, are common for estate planning and wealth management among corporate directors. This type of transaction does not reflect a change in the director's overall beneficial interest in the company, but rather a restructuring of how those interests are held.

Related Party Transactions

• Richard C. Elias transferred 341 shares of common stock to a Family Trust, which is considered a related party transaction for estate planning purposes.

Stakeholder Impact

• Shareholders: Minimal direct impact as the shares remain within the director's beneficial ownership, indicating continued alignment of interests. No change in the total number of outstanding shares.

Key Dates

Keywords

Universal Display Corporation, OLED, Richard C. Elias, Insider Transaction, Form 4, Stock Gift, Family Trust, Corporate Governance, Director Ownership