Form 4: Universal Electronics SVP and CFO Reports Stock Transactions

Bryan M. Hackworth, SVP and CFO of Universal Electronics Inc., reports the vesting of restricted stock units and associated tax withholding, along with holdings of common stock, performance stock units, and employee stock options.

Summary

• Bryan M. Hackworth, the SVP and CFO of Universal Electronics Inc. (UEIC), filed a Form 4 detailing changes in beneficial ownership.
• On May 7, 2025, 2,334 restricted stock units (RSUs) vested, resulting in the acquisition of 2,334 shares of common stock.
• Simultaneously, 1,231 shares were withheld to cover taxes related to the RSU vesting at a price of $5.685 per share.
• Following these transactions, Hackworth directly owns 11,200 shares of common stock and indirectly owns 68,135 shares through the Hackworth Family Trust.
• He also holds 21,716 restricted stock units, 116,235 performance stock units, and 115,760 employee stock options.
• Hackworth disclaims beneficial ownership of the shares held in the Hackworth Living Trust.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates

Keywords

Form 4, beneficial ownership, stock options, restricted stock units, performance stock units, UEIC, Universal Electronics, Hackworth, SVP, CFO