Form 4: Universal Electronics SVP and CFO Reports Stock Transactions
SEC Form 4 Filing
Bryan M. Hackworth, SVP and CFO of Universal Electronics Inc., reports the vesting of restricted stock units, a tax withholding of shares, and adjustments to holdings in the Hackworth Family Trust.
Summary
- On May 9, 2025, Bryan M. Hackworth, SVP and CFO of Universal Electronics Inc., reported transactions involving the company's stock.
- 1,346 restricted stock units (RSUs) vested, resulting in the acquisition of 1,346 shares of common stock.
- 710 shares were withheld to cover taxes related to the vesting of the RSUs at a price of $6.865 per share.
- Following these transactions, Mr. Hackworth directly owns 11,200 shares and indirectly owns 68,771 shares through the Hackworth Family Trust.
- He also holds 20,370 restricted stock units, 116,235 performance stock units, and options to buy 115,760 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings 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 compensation-related activities.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of Limited Power of Attorney |
| 05/09/2025 | Date of reported transactions: vesting of RSUs and tax withholding |
| 05/12/2025 | Signature date of the reporting person |
Keywords
Form 4, Insider Trading, Stock Options, Restricted Stock Units, Performance Stock Units, Beneficial Ownership, Universal Electronics Inc., UEIC, Hackworth, CFO
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.