Form 4: Sue Ann Hamilton Reports Changes in Beneficial Ownership of Universal Electronics Inc. (UEIC)
SEC Form 4 Filing
Director Sue Ann Hamilton reports a transaction involving restricted stock units of Universal Electronics Inc. on October 1, 2024.
Summary
- On October 1, 2024, Sue Ann Hamilton, a director of Universal Electronics Inc. (UEIC), reported a transaction.
- The transaction involved the vesting of 1,250 restricted stock units (RSUs), each representing a contingent right to receive one share of UEI common stock.
- Following the transaction, Ms. Hamilton directly owns 3,750 derivative securities and indirectly owns 24,583 shares through the Sue Ann R. Hamilton Trust, but she disclaims ownership of these shares.
- Ms. Hamilton also holds 20,000 employee stock options.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- It helps stakeholders understand the alignment of interests between company directors and shareholders.
Key Dates
| Date | Description |
|---|---|
| June 21, 2024 | Date of Limited Power of Attorney granted to Bryan Allison. |
| October 01, 2024 | Date of transaction involving restricted stock units. |
| October 02, 2024 | Date of signature for the Form 4 filing. |
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