Form 4: Universal Display EVP & CTO Reports Routine Stock Transaction
Insider Transaction Report
Universal Display EVP & CTO Julia J. Brown reported a disposition of 741 common shares to cover tax liabilities from restricted stock vesting.
Summary
- Julia J. Brown, Executive Vice President & Chief Technical Officer of Universal Display Corporation (OLED), reported a transaction on March 4, 2026.
- The transaction involved the disposition of 741 shares of Common Stock at a price of $101.52 per share.
- These shares were withheld to satisfy a tax liability in connection with the vesting of 2,704 shares of restricted stock previously granted to Ms. Brown.
- Following this reported transaction, Ms. Brown beneficially owns 84,156 shares of Universal Display Corporation Common Stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a routine tax-related disposition of shares following restricted stock vesting, which is a common occurrence for executive compensation.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
StockSavvy.ai notes that this Form 4 filing details a routine, non-discretionary insider transaction common in executive compensation structures. The disposition of shares to cover tax obligations upon restricted stock vesting is a standard practice and does not typically reflect a change in management's sentiment towards the company's prospects or operational performance.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not indicate a change in company fundamentals or management's discretionary selling activity.
Key Dates
| Date | Description |
|---|---|
| 03/04/2026 | Date of transaction where shares were disposed of to satisfy tax liability upon restricted stock vesting. |
| 03/06/2026 | Date the Form 4 was signed and filed. |
Keywords
Universal Display, OLED, Insider Transaction, Form 4, Executive Compensation, Stock Vesting, Tax Withholding
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