UEIC.NASDAQUniversal Electronics INC
Form 4: Universal Electronics Director William Mulligan Reports Stock Unit Transaction
Sentiment:
SEC Form 4 Filing
Director William Mulligan reports the vesting of restricted stock units and indirect ownership of Universal Electronics Inc. shares.
Summary
- On April 1, 2024, William Mulligan, 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 UEIC common stock.
- These units are part of a grant awarded on July 1, 2023, as director compensation, vesting quarterly.
- Following the transaction, Mr. Mulligan directly owns 2,490 shares of common stock and indirectly owns 46,413 shares through The William Mulligan Rev Dec Trust.
- Mr. Mulligan disclaims ownership of the shares held by the Trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions, indicating a neutral sentiment.
Key Dates
| Date | Description |
|---|---|
| January 22, 2003 | Date of Limited Power of Attorney |
| July 1, 2023 | Date of original grant of restricted stock units |
| April 1, 2024 | Date of transaction (vesting of restricted stock units) |
| April 2, 2024 | Date of signature |
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