Form 4: Universal Electronics Director Edward K. Zinser Reports Stock Transactions
SEC Form 4 Filing
Director Edward K. Zinser reports acquisition and disposal of Universal Electronics Inc. stock units.
Summary
- On July 1, 2024, Edward K. Zinser, a director of Universal Electronics Inc., reported transactions involving the company's stock.
- Zinser disposed of 1,250 shares of common stock.
- These shares were acquired through the vesting of restricted stock units.
- Additionally, Zinser acquired 5,000 restricted stock units as director compensation, vesting quarterly over a year.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the director's holdings.
Key Dates
| Date | Description |
|---|---|
| December 11, 2006 | Date of Limited Power of Attorney granted to Richard A. Firehammer, Jr. |
| July 1, 2023 | Date of original grant of restricted stock units, one-fourth of which vested on July 1, 2024. |
| July 1, 2024 | Date of transaction: disposal of 1,250 shares and acquisition of 5,000 restricted stock units. |
| July 1, 2025 | End date for the vesting period of the 5,000 restricted stock units awarded on July 1, 2024. |
| July 2, 2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.