Form 4: Universal Electronics Director Reports Stock Unit Activity
SEC Form 4 Filing
William C. Mulligan, a director at Universal Electronics Inc., reports the vesting of restricted stock units and associated transactions.
Summary
- On April 1, 2025, William C. Mulligan, a director of Universal Electronics Inc., reported a transaction involving restricted stock units.
- Specifically, 1,250 restricted stock units vested, each representing a contingent right to receive one share of UEI common stock.
- Following the transaction, Mr. Mulligan directly owns 7,254 derivative securities (Restricted Stock Units).
- Mr. Mulligan also indirectly owns 51,413 shares of common stock through The William Mulligan Rev Dec Trust, for which he disclaims ownership.
- Additionally, Mr. Mulligan directly owns 2,490 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions, with no inherent 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 to ensure transparency.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in the number of shares outstanding, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 06/22/2024 | Date of Limited Power of Attorney |
| 04/01/2025 | Date of transaction (vesting of restricted stock units) |
| 04/02/2025 | Date of signature |
Keywords
Form 4, Director, Stock Units, Beneficial Ownership, UNIVERSAL ELECTRONICS INC, UEIC, MULLIGAN WILLIAM C
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