Form 4: Universal Electronics CEO Paul Arling Reports Stock Transactions
SEC Form 4 Filing
Paul Arling, CEO of Universal Electronics Inc., reports the vesting and tax withholding of restricted stock units, along with adjustments to holdings in the Arling Family Trust.
Summary
- Paul Arling, CEO of Universal Electronics Inc., filed a Form 4 detailing changes in beneficial ownership.
- On April 30, 2025, 42,843 common stock shares were acquired through the vesting of restricted stock units (RSUs).
- A total of 17,929 shares were disposed of to cover taxes related to the RSU vesting at a price of $4.705 per share.
- Arling's direct holdings include 1,800 shares of common stock.
- Arling's indirect holdings through the Arling Family Trust are 306,498 shares.
- Arling also holds 1,000 shares indirectly through his spouse.
- He holds options to buy 366,235 shares of common stock.
- He also holds 36,000 performance stock units (PSUs).
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock transactions related to compensation.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of transaction involving common stock and restricted stock units. |
| 05/01/2025 | Date of signature for the report. |
| May 7, 2024 | Date of Limited Power of Attorney |
Keywords
Form 4, beneficial ownership, stock options, restricted stock units, performance stock units, Paul Arling, Universal Electronics Inc., UEIC, insider trading
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