Form 4: Universal Electronics Inc. Executive Ammari Reports Stock Transactions

Ramzi Ammari, a Senior VP at Universal Electronics Inc., reports stock transactions involving restricted stock units and common stock.

Summary

• On November 9, 2024, Ramzi Ammari acquired 1,178 shares of common stock through the vesting of restricted stock units (RSUs).
• Also on November 9, 2024, 492 shares were disposed of to cover taxes related to the RSU vesting at a price of $10.25 per share.
• On November 10, 2024, Mr. Ammari acquired 663 shares of common stock through the vesting of RSUs.
• Additionally, on November 10, 2024, 277 shares were disposed of to cover taxes related to the RSU vesting at a price of $10.25 per share.
• Following these transactions, Mr. Ammari directly owns 29,639 shares of common stock, 30,552 restricted stock units, 97,280 employee stock options, and 24,000 performance stock units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports routine stock transactions by an executive. There is no indication of positive or negative implications for the company's performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These transactions do not necessarily indicate a change in the company's prospects but provide transparency into executive compensation and stock ownership.

Key Dates