Form 4: Universal Electronics Inc. Executive VP Chong Reports Stock Transactions

Executive VP David Cheung Hyen Chong of Universal Electronics Inc. reports the vesting of restricted stock units and associated tax withholding.

Summary

• On May 7, 2025, David Cheung Hyen Chong, Executive VP of Global Sales at Universal Electronics Inc., reported transactions involving the company's stock.
• These transactions included the vesting of 1,167 restricted stock units (RSUs) and the withholding of 477 shares to cover taxes at a price of $5.685 per share.
• Following these transactions, Chong directly owns 34,483 shares of common stock and indirectly owns 5,112 shares through a tax-deferred annuity.
• Chong also holds 14,833 restricted stock units, 53,217 performance stock units, and 19,455 employee stock options.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company executives. It is a standard practice for publicly traded companies.

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders due to the change in ownership of shares.
• The vesting of RSUs and PSUs may motivate the executive to improve company performance.

Key Dates

Keywords

Form 4, insider trading, stock options, restricted stock units, performance stock units, David Cheung Hyen Chong, Universal Electronics Inc., UEIC, stock, vesting, tax withholding