Form 4: Universal Electronics Inc. Executive Ammari Reports Stock Transactions
SEC Form 4 Filing
Ramzi Ammari, a Senior VP at Universal Electronics Inc., reports the vesting of restricted stock units and associated tax withholding.
Summary
- On May 9, 2025, Ramzi Ammari, Senior VP of Corporate Planning & Strategy at Universal Electronics Inc. (UEIC), reported transactions involving the company's stock.
- Ammari acquired 1,178 shares of common stock through the vesting of restricted stock units (RSUs).
- 492 shares were disposed of to cover taxes related to the RSU vesting at a price of $6.685 per share.
- Following these transactions, Ammari directly owns 36,690 shares of common stock, 17,533 restricted stock units, and 102,432 performance stock units.
- Ammari also holds options to buy 97,280 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing and doesn't inherently convey positive or negative sentiment. It simply reports transactions.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Date of Limited Power of Attorney granted to Bryan Allison. |
| 05/09/2025 | Date of stock transactions: RSU vesting and tax withholding. |
| 05/12/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, insider trading, stock options, performance stock units, restricted stock units, Ramzi Ammari, UEIC, Universal Electronics Inc., stock
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