Form 4: Eric Singer Reports Changes in Beneficial Ownership of Universal Electronics Inc. (UEIC)
SEC Filing
Eric Singer, a director and 10% owner of Universal Electronics Inc., reports a transaction involving restricted stock units and common stock.
Summary
- On October 1, 2024, Eric Singer reported a transaction involving Universal Electronics Inc. (UEIC) securities.
- The transaction involved the disposition of 1,250 shares of common stock and the acquisition of 1,250 restricted stock units.
- Following the reported transaction, Mr. Singer directly owns 3,750 derivative securities and indirectly owns 1,544,647 shares of common stock through Toro 18.
- The filing indicates that the transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction involving common stock and restricted stock units |
| 06/24/2024 | Date of Limited Power of Attorney |
| 10/02/2024 | Date of signature on the report |
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