Universal Display (OLED) CEO gets stock awards, covers taxes in shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Universal Display President and CEO Steven V. Abramson reported equity compensation activity involving company common stock. On March 7, 2026, he received grants totaling 32,133 shares at no cost, including performance units granted as part of 2023 compensation that vested after the Human Capital Committee certified required performance on February 17, 2026.
The company withheld 15,668 shares at a price of $97.03 per share to cover related tax liabilities tied to vesting of previously granted restricted stock. Following these compensation grants and tax-withholding dispositions, Abramson directly owns 285,455 shares of Universal Display common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
ABRAMSON STEVEN V
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,987 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,539 | $97.03 | $246K |
| Grant/Award | Common Stock | 19,763 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,383 | $97.03 | $813K |
| Grant/Award | Common Stock | 6,383 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,707 | $97.03 | $263K |
| Tax Withholding | Common Stock | 2,039 | $97.03 | $198K |
Holdings After Transaction:
Common Stock — 274,977 shares (Direct)
Footnotes (1)
- These shares were granted to the Reporting Person as performance units under the Company's Long Term Incentive Plan as part of 2023 compensation and vested on March 7, 2026 subject to the satisfaction of certain performance conditions, which the Company's Human Capital Committee certified on February 17, 2026 as having occurred. These shares were withheld to satisfy a tax liability in connection with the vesting on March 7, 2026 of 5,987 shares of restricted stock previously granted to the Reporting Person. These shares were withheld to satisfy a tax liability in connection with the vesting on March 7, 2026 of 19,763 shares of restricted stock previously granted to the Reporting Person. These shares were withheld to satisfy a tax liability in connection with the vesting on March 7, 2026 of 6,383 shares of restricted stock previously granted to the Reporting Person. These shares were withheld to satisfy a tax liability in connection with the vesting on March 7, 2026 of 4,808 shares of restricted stock previously granted to the Reporting Person.
FAQ
What insider transactions did Universal Display (OLED) report for CEO Steven V. Abramson?
Universal Display’s CEO Steven V. Abramson reported stock-based compensation activity. He received 32,133 shares of common stock as grants and awards and had 15,668 shares withheld to satisfy tax obligations related to the vesting of previously granted restricted stock.
Were Universal Display (OLED) CEO’s Form 4 transactions open-market buys or sales?
The Form 4 shows no open-market purchases or sales. The CEO’s acquisitions were stock grants and performance-based units vesting, while all reported disposals were shares withheld by the company to pay tax liabilities associated with restricted stock vesting.
What performance conditions affected the CEO’s stock awards at Universal Display (OLED)?
Certain shares were granted as performance units under Universal Display’s Long Term Incentive Plan. These units vested on March 7, 2026, after the Human Capital Committee certified on February 17, 2026 that the specified performance conditions for the 2023 compensation awards had been satisfied.
How much restricted stock vesting triggered tax withholding for Universal Display (OLED) CEO?
Tax withholding was tied to vesting blocks of previously granted restricted stock: 5,987, 19,763, 6,383, and 4,808 shares. Portions of these vesting amounts, totaling 15,668 shares, were withheld by Universal Display to cover associated tax liabilities.