Form 4: Universal Display Director Richard Elias Increases Stake with 342 Share Acquisition

Universal Display Corporation Director Richard C. Elias reported the acquisition of 342 shares of common stock, increasing his direct beneficial ownership, as part of a pre-arranged Rule 10b5-1 plan.

Summary

• Richard C. Elias, a Director of Universal Display Corporation (OLED), acquired 342 shares of the company's common stock.
• The transaction occurred on June 30, 2025, and was reported on July 2, 2025.
• The shares were acquired at a price of $0, indicating a grant or award rather than a direct purchase.
• Following this transaction, Richard C. Elias directly owns 342 shares.
• His indirect beneficial ownership includes 9,391 shares held by a Family Trust, 4,439 shares held by a Gift Trust, and 755 shares held by a Grandchild Trust.
• The acquisition was made pursuant to a Rule 10b5-1(c) plan, which allows insiders to set up pre-arranged trading plans to avoid accusations of trading on material non-public information.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even if a grant, is generally viewed as a positive signal of confidence in the company's future performance. The transaction being under a 10b5-1 plan indicates a pre-planned, systematic approach.

Positives

• A Director, Richard C. Elias, increased his direct beneficial ownership in Universal Display Corporation by acquiring 342 shares, signaling continued alignment with shareholder interests.
• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-planned and systematic approach to share acquisition, which enhances transparency.

Future Outlook

Not applicable, as this Form 4 filing reports a past transaction and does not provide forward-looking statements or guidance.

Industry Context

This Form 4 filing reports an individual insider transaction and does not provide broader industry context or competitive analysis.

Related Party Transactions

• Richard C. Elias's indirect beneficial ownership includes shares held by a Family Trust, Gift Trust, and Grandchild Trust, which are considered related parties for reporting purposes.

Stakeholder Impact

• Shareholders may view the director's increased ownership as a positive sign of alignment between management and shareholder interests, potentially boosting investor confidence.

Key Dates

Recommendation

Keywords

Universal Display Corporation, OLED, Richard C. Elias, Director, SEC Form 4, Insider Trading, Share Acquisition, Common Stock, Beneficial Ownership, Rule 10b5-1