Form 4: Universal Electronics Inc. Executive Ammari Reports Stock Transactions
SEC Form 4 Filing
Ramzi Ammari, Sr. VP of Corp Planning & Strategy at Universal Electronics Inc., reports the vesting of restricted stock units and associated tax withholding.
Summary
- On May 7, 2025, Ramzi Ammari, Sr. VP of Corp Planning & Strategy at Universal Electronics Inc., reported transactions involving Universal Electronics Inc. (UEIC) common stock.
- Ammari vested 2,000 restricted stock units (RSUs), acquiring 2,000 shares of common stock.
- 837 shares were withheld to cover taxes related to the RSU vesting at a price of $5.685 per share.
- Following these transactions, Ammari directly owns 36,004 shares of UEIC common stock.
- Ammari also holds 18,711 restricted stock units, 102,432 performance stock units, and 97,280 employee stock options.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing, reflecting standard executive compensation and stock transactions. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. This filing provides transparency into the transactions of company executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock transactions.
- The tax withholding impacts the executive's net compensation.
Key Dates
| Date | Description |
|---|---|
| May 7, 2024 | Date of Limited Power of Attorney |
| May 7, 2025 | Date of reported transactions: RSU vesting and tax withholding |
| May 8, 2025 | Date of signature for the report |
Keywords
Form 4, insider trading, stock options, restricted stock units, performance stock units, UEIC, Universal Electronics Inc., Ammari, Ramzi Ammari
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