Form 4: Universal Electronics Director Satjiv Chahil Reports Stock Unit Vesting

Director Satjiv Chahil reports the vesting of restricted stock units and associated changes in beneficial ownership of Universal Electronics Inc. shares.

Summary

• On April 1, 2025, Satjiv S. Chahil, a director of Universal Electronics Inc. (UEIC), reported a transaction involving restricted stock units.
• 1,250 restricted stock units vested, each representing a contingent right to receive one share of UEI common stock.
• Following the transaction, Mr. Chahil directly owns 7,254 derivative securities.
• Mr. Chahil also indirectly owns 135,061 shares of common stock through the Satjiv Chahil Trust, but disclaims ownership of these shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock unit vesting, which is a neutral event.

Management Comments

• Mr. Chahil disclaims ownership of the shares held by the Trust.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The vesting of restricted stock units may have a minor dilutive effect on existing shareholders.

Key Dates

Keywords

beneficial ownership, director, Satjiv Chahil, restricted stock units, Form 4, UEIC, Universal Electronics Inc., vesting