Every 424B that ETRACS Alerian MLP Index ETN Series B due July 18, 2042 (AMUB) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow AMUB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AMUB filings page.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Dow Inc. The Notes pay periodic contingent coupons only if the underlying meets a coupon barrier on observation dates and can be automatically called early if the underlying equals or exceeds the initial level on an observation date. If not called, principal repayment at maturity is contingent: full principal is repaid if the final level is at or above a downside threshold; if below, repayment is reduced pro rata to the underlying return and you could lose your entire investment. Trade date is April 21, 2026, expected settlement April 23, 2026, final valuation date April 21, 2027, and maturity April 23, 2027. Minimum investment is 100 Notes at $10 per Note. The estimated initial value range is $9.42 to $9.67. All payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation, maturing on or about April 23, 2027. The notes pay periodic contingent coupons only when the underlying closing level meets or exceeds a coupon barrier on observation dates and are subject to an automatic call if the underlying equals or exceeds the initial level on any observation date prior to the final valuation date. If not called, principal repayment at maturity is contingent: investors receive $10 per note if the final level is at or above the downside threshold, but otherwise receive $10 x (1 + Underlying Return), exposing them to the percentage decline in the underlying (and possible loss of all principal). Trade date is April 21, 2026 and settlement date is April 23, 2026. Estimated initial value is between $9.49 and $9.74.
The issuer, UBS AG, is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Albemarle Corporation with stated trade and settlement dates of April 21, 2026 and April 23, 2026. The notes mature on April 23, 2027 with a final valuation date of April 21, 2027. The offering references a total issue size of $325,000 and a minimum purchase of 100 Notes at $10 per Note (a $1,000 minimum investment). Investors may receive periodic contingent coupons only if the underlying closing level on an observation date equals or exceeds the coupon barrier; the notes are automatically called early if the underlying closes at or above the initial level on any observation date. If not called, repayment of principal at maturity is contingent: full principal is returned only if the final level is at or above the downside threshold; otherwise principal repayment falls in proportion to the underlying return, and investors can lose a significant portion or all of their investment. Any payments remain subject to the creditworthiness of UBS AG.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation, with final terms set on the trade date. The Notes pay periodic contingent coupons only if the underlying meets a coupon barrier on observation dates and may be automatically called quarterly after 12 months if the underlying meets or exceeds the initial level. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise principal is reduced proportionally to the decline in the underlying, and investors could lose a significant portion or all of their investment. Trade date is April 21, 2026, expected settlement April 23, 2026, final valuation date April 20, 2028, and maturity April 24, 2028. The offering has a minimum purchase of 100 Notes ($1,000) and the estimated initial value is between $9.39 and $9.64 per Note. All payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Ford Motor Company that mature on April 23, 2027. The notes pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates and are automatically called early if the underlying closing level on any prior observation date is equal to or greater than the initial level. If not called, principal repayment at maturity is contingent: the issuer will return the $10 principal per note if the final level is at or above the downside threshold; if the final level is below that threshold, the cash payment equals $10 x (1 + Underlying Return), which can result in a significant loss or total loss of principal. Trade date is April 21, 2026, settlement is April 23, 2026, final valuation date is April 21, 2027, and maturity is April 23, 2027. The notes are unsecured obligations of UBS and any payments depend on UBS's creditworthiness. The estimated initial value on the trade date is $9.71 and the minimum purchase is 100 notes ($1,000).
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Intel Corporation stock due on or about April 23, 2027. The Notes pay a contingent coupon only if the underlying stock closes at or above the coupon barrier on observation dates and will autocall early if the stock closes at or above the initial level on any observation date prior to the final valuation date. If not called and the final level is at or above the downside threshold, principal is repaid; if the final level is below the downside threshold, repayment at maturity is reduced proportionally to the underlying return and could result in total loss. Payments are subject to UBS credit risk. Trade date is April 21, 2026 with settlement April 23, 2026; final valuation date is April 21, 2027 and maturity is April 23, 2027. The Notes are offered in minimum increments of 100 Notes at $10 per Note and the estimated initial value per Note is between $9.52 and $9.77.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Microsoft common stock due on or about April 23, 2027. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any observation date. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; otherwise the cash payment equals $10 x (1 + Underlying Return), exposing noteholders to the underlying's negative return (potentially a total loss). The Notes are unsecured obligations of UBS and payments are subject to UBS credit risk. Trade date and pricing are set on the cover; estimated initial value is between $9.49 and $9.74 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Vertiv Holdings Co. The Notes have a principal amount of $10 per Note, a term of approximately three years, and are conditionally callable and payable based on observation‑date stock levels.
The trade date is April 21, 2026 with expected settlement on April 23, 2026. The final valuation date is April 19, 2029 and maturity is April 23, 2029. An automatic call occurs if the underlying’s closing level on any observation date before maturity is equal to or greater than the initial level; if called, UBS pays principal plus any contingent coupon on the call settlement date. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the disclosed downside threshold (example: $60.00, or 60% of the initial level); if below that threshold, repayment is reduced pro rata by the underlying return and you may lose a substantial portion or all of your investment.
The pricing supplement shows an example contingent coupon rate of 22.57% per annum and an estimated initial value of the Notes of $9.66 as of the trade date. Minimum investment is 100 Notes (a $1,000 investment). All payments, including principal, depend on UBS’s creditworthiness.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Freeport-McMoRan Inc. that mature on April 24, 2028. The Notes pay periodic contingent coupons only if the closing level of the underlying meets or exceeds a coupon barrier on observation dates and will be automatically called early if the underlying equals or exceeds the initial level on any observation date prior to maturity. If not called and the final level is at or above the downside threshold, principal is repaid; if the final level is below the downside threshold, principal is reduced proportionally to the underlying return and investors could lose a substantial portion or all of their investment. The Notes are unsecured obligations of UBS and subject to UBS credit risk. The estimated initial value on the trade date was $9.78 per Note and the Notes are offered in minimum investments of 100 Notes ($1,000).
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Albemarle Corporation. The Notes have a principal amount of $10 per Note, a trade date of April 21, 2026, expected settlement April 23, 2026, final valuation date April 21, 2027 and maturity April 23, 2027.
Contingent coupons are paid only if the underlying closing level on an observation date is at or above the coupon barrier; the Notes will autocall early if the underlying closes at or above the initial level on any observation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold (example: $60.00, 60.00% of the initial level); otherwise you suffer a loss equal to the underlying return and could lose your entire investment. The estimated initial value range is $9.53 to $9.78 per Note as of the trade date.
UBS AG is offering $715,000 principal of Trigger Autocallable Contingent Yield Notes linked to the common stock of Intel Corporation, maturing on April 23, 2029. The Notes pay a contingent coupon on each coupon payment date only if the underlying closing level on the related observation date is equal to or above the coupon barrier; otherwise no coupon is paid.
The Notes are automatically called early if the underlying closing level on any quarterly observation date (beginning after six months) is equal to or greater than the initial level, in which case holders receive principal plus any contingent coupon then due. If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold the principal amount is paid; if below, holders suffer a percentage loss equal to the underlying return and could lose all of their investment. The Notes have a minimum investment of 100 Notes at $10 per Note and an estimated initial value of $9.74 as of the trade date.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Ford Motor Company due on or about April 23, 2027. The notes pay periodic contingent coupons only if the underlying's closing level on each observation date is at or above a specified coupon barrier, and will be automatically called if the underlying closes at or above the initial level on any observation date prior to maturity. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise repayment declines in line with the underlying return and investors may lose a significant portion or all of principal. Trade date is April 21, 2026, settlement date is April 23, 2026, final valuation date is April 21, 2027, and maturity is April 23, 2027. Estimated initial value per $10 Note is between $9.45 and $9.70. All payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Fluor Corporation stock due April 24, 2028. The Notes pay periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on each observation date and may autocall early if the underlying equals or exceeds the initial level on an observation date. At maturity, if not called, principal is repaid only if the final level is at or above the downside threshold; otherwise principal is reduced in proportion to the underlying return and could be lost. Payments depend on UBS's creditworthiness. Trade date is April 21, 2026, settlement expected April 23, 2026, final valuation date April 20, 2028, maturity April 24, 2028. The estimated initial value on the trade date is $9.79 per $10 Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Vertiv Holdings Co with a trade date of April 21, 2026 and expected maturity on April 23, 2029. The Notes pay periodic contingent coupons only if the underlying meets coupon barriers on observation dates and may be automatically called early if the underlying equals or exceeds the initial level on an observation date. Principal repayment at maturity is contingent: if the final level is below the downside threshold you may receive less than principal, potentially losing a significant portion or all of your investment. Minimum purchase is 100 Notes ($1,000). Estimated initial value range on the trade date is stated as $9.33 to $9.58. All payments are subject to UBS credit risk.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Netflix, Inc. due April 23, 2027. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and can be automatically called early if the underlying closes at or above the initial level on any prior observation date. If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold you receive the $10 principal; if below, repayment is reduced in proportion to the underlying return, potentially resulting in a total loss of principal. The Notes are unsecured obligations of UBS and any payments depend on UBS' creditworthiness. Key disclosed terms include a contingent coupon rate of 11.49% per annum (example), an estimated initial value of $9.81 per $10 Note, minimum investment 100 Notes (representing $1,000), trade date April 21, 2026, settlement April 23, 2026, final valuation date April 21, 2027, and maturity April 23, 2027.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Constellation Energy Corporation with a principal amount of $10 per Note. The Notes pay a contingent coupon only if the underlying stock closes at or above a coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date. If not called, repayment at maturity depends on the final level: if the final level is at or above the downside threshold, UBS will repay the principal amount; if below the downside threshold, repayment will be reduced and could result in a loss up to the full principal amount. Trade date is April 21, 2026, settlement is April 23, 2026, final valuation date is April 20, 2028, and maturity is April 24, 2028. The estimated initial value on the trade date is $9.80. All payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Moderna, Inc. The Notes mature on April 23, 2027 and may be automatically called early if the underlying stock closes at or above the initial level on an observation date. Contingent coupons are payable only when the underlying closing level on an observation date is equal to or greater than the coupon barrier; otherwise no coupon is paid for that period. If the Notes are not called and the final level is below the downside threshold, principal repayment at maturity will be reduced proportionally to the percentage decline in the underlying, and investors could lose a significant portion or all of their principal. Any payment is subject to UBS credit risk. Trade date and settlement are April 21, 2026 and April 23, 2026, respectively.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Freeport-McMoRan Inc., due on or about April 24, 2028. The preliminary pricing supplement describes periodic contingent coupons, an automatic call if the underlying reaches an initial level on observation dates, and contingent principal repayment at maturity tied to a downside threshold.
The Notes pay a contingent coupon only when the underlying closes at or above the coupon barrier on an observation date; otherwise no coupon is paid. If autocalled, investors receive principal plus any contingent coupon on the related call settlement date. If not autocalled and the final level is below the downside threshold, principal is reduced pro rata to the underlying return; in extreme cases investors could lose their entire principal. Example terms include a sample contingent coupon rate of 20.14% per annum, downside threshold of 70% of initial level, an estimated initial value range of $9.48 to $9.73 per Note, and a minimum investment of $1,000.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Intel Corporation, with expected trade date April 21, 2026 and maturity on April 23, 2029. The Notes pay contingent coupons only if the underlying's closing level meets a coupon barrier on observation dates; they will be automatically called early if the underlying equals or exceeds the initial level on any quarterly observation date (beginning after six months). If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise principal is reduced pro rata to the underlying return, and investors could lose a significant portion or all of their investment. Estimated initial value per $10 Note is between $9.36 and $9.61; principal amount per Note is $10. All payments remain subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation, maturing April 23, 2027. The Notes pay a contingent coupon on each coupon payment date only if the underlying closing level on the applicable observation date is at or above the coupon barrier. The Notes will be automatically called early if the underlying closing level on any observation date prior to the final valuation date is equal to or greater than the initial level; on an automatic call UBS will pay principal plus any contingent coupon then due. If not called, repayment at maturity is contingent: if the final level is at or above the downside threshold, UBS will repay principal; if the final level is below the downside threshold, repayment equals $10 x (1 + underlying return), which can result in substantial loss up to the full principal. Trade date is April 21, 2026, settlement April 23, 2026, final valuation date April 21, 2027 and maturity April 23, 2027. Estimated initial value per Note was $9.75. Minimum investment is 100 Notes ($1,000). Any payment is subject to the creditworthiness of UBS.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Oracle Corporation due April 23, 2027. Each Note has a principal amount of $10 and pays a contingent coupon only if the underlying stock closes at or above a specified coupon barrier on observation dates. The Notes are automatically called early if the underlying equals or exceeds the initial level on any observation date prior to the final valuation date, in which case holders receive principal plus any contingent coupon due on the related coupon payment date.
If not called, repayment at maturity depends on the final level versus a downside threshold (example: $60.00, or 60.00% of the initial level). If the final level is below that threshold, repayment may be less than principal and can result in a percentage loss equal to the underlying return; in extreme cases you could lose your entire investment. The Notes are unsecured obligations of UBS and all payments are subject to UBS creditworthiness. The estimated initial value on the trade date is $9.80.
UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Fluor Corporation, with a trade date of April 21, 2026 and expected settlement on April 23, 2026. The notes mature on April 24, 2028 with a final valuation date of April 20, 2028. Each Note has a $10 principal amount and pays contingent coupons only if the underlying stock meets the coupon barrier on observation dates; an automatic early call occurs if the underlying equals or exceeds the initial level on an observation date. If not called, repayment at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; otherwise principal is reduced pro rata based on the underlying return. The preliminary estimated initial value range is $9.49 to $9.74 per Note and minimum investment is 100 Notes ($1,000).
UBS AG priced Trigger Autocallable Contingent Yield Notes linked to Snowflake Inc. stock due April 23, 2027. The Notes pay contingent coupons only if the underlying closing level on observation dates meets the coupon barrier and will be automatically called early if the underlying equals or exceeds the initial level on any prior observation date. If not called, principal repayment at maturity is contingent: full principal is returned only if the final level is at or above the downside threshold; if the final level is below that threshold, the cash payment equals $10 x (1 + underlying return), which can result in a partial or total loss of principal. Payments depend on UBS creditworthiness. Trade date is April 21, 2026; settlement April 23, 2026; final valuation date April 21, 2027; maturity April 23, 2027. The estimated initial value per Note was $9.74 and the minimum investment is 100 Notes.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Netflix, Inc. The Notes have a $10 principal amount per Note, a trade date of April 21, 2026, expected settlement April 23, 2026, final valuation date April 21, 2027 and maturity April 23, 2027. The Notes pay a contingent coupon only if the underlying closing level on an observation date meets or exceeds the coupon barrier; they are automatically called early if the underlying closing level on any observation date prior to the final valuation date is equal to or greater than the initial level. If not called, repayment at maturity is contingent: if the final level is below the downside threshold the cash payment may be less than the principal and could result in the loss of a significant portion or all of your investment. Estimated initial value is expected to be between $9.48 and $9.73 per Note and the Notes are offered in minimum increments of 100 Notes ($1,000).
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Salesforce, Inc. The notes pay a contingent coupon only if the underlying closing level on an observation date meets or exceeds a coupon barrier and are automatically called early if the underlying equals or exceeds the initial level on any observation date. If not called, repayment of principal at maturity depends on the final level relative to a downside threshold; if the final level is below that threshold, investors suffer a loss tied to the underlying return, potentially losing all principal. Key terms: trade date April 21, 2026, settlement April 23, 2026, final valuation date April 21, 2027, maturity April 23, 2027. Estimated initial value was $9.83 per $10 note. All payments are subject to UBS credit risk.
UBS AG priced a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Constellation Energy Corporation, due on or about April 24, 2028. The Notes pay periodic contingent coupons only if the underlying stock meets the coupon barrier on observation dates and are automatically called if the underlying equals or exceeds the initial level on any observation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise investors suffer principal loss linked to the underlying return. The Notes have a $10 principal per Note, minimum investment of 100 Notes ($1,000), an estimated initial value between $9.50 and $9.75, and are subject to UBS credit risk and the product supplement and prospectus terms.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Moderna, Inc. due on or about April 23, 2027. The notes pay contingent coupons only if the underlying stock is at or above specified barriers on observation dates and are automatically called if the stock closes at or above the initial level on any observation date prior to the final valuation date. If not called, repayment of principal at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; otherwise investors suffer losses equal to the percentage decline in the underlying, potentially losing the entire principal. Trade date is April 21, 2026 and settlement is expected on April 23, 2026. The minimum investment is 100 Notes at $10 per Note; the estimated initial value range is $9.48 to $9.73 per Note as of the trade date. All payments are subject to UBS’s creditworthiness.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation due on or about April 23, 2027. The Notes pay periodic contingent coupons only if the underlying's closing level meets a coupon barrier on observation dates and are subject to an automatic call if the underlying equals or exceeds the initial level on any observation date. Principal is $10 per Note with a minimum investment of 100 Notes ($1,000). The offering includes an example contingent coupon rate of 18.11% p.a., an illustrative coupon payment of $0.4528 per $10 Note, and a downside threshold equal to 60.00% of the initial level. If not called and the final level is below the downside threshold, repayment at maturity may be less than principal, and investors can lose a significant portion or all of their investment. Any payments depend on UBS’ creditworthiness. Trade date is April 21, 2026 and expected settlement is April 23, 2026.
UBS AG offers preliminary terms for Trigger Autocallable Contingent Yield Notes linked to Microsoft Corporation stock. The Notes are approximately one-year securities maturing on April 23, 2027 with an expected trade date of April 21, 2026 and settlement on April 23, 2026.
The Notes have a principal amount of $10 per Note, a minimum investment of 100 Notes ($1,000), and an estimated initial value range of $9.49 to $9.74. Holders may receive periodic contingent coupons only if the underlying closing level meets or exceeds the coupon barrier on observation dates; an automatic call occurs if the underlying closes at or above the initial level on an observation date. If not called and the final level is below the downside threshold (example: $80.00, or 80.00% of the initial level), principal repayment at maturity will be reduced pro rata and could result in total loss.
UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Snowflake Inc. The Notes mature on April 23, 2027 and feature periodic contingent coupons, an automatic call if the underlying meets the initial level on an observation date, and contingent principal repayment at maturity tied to the final level relative to a downside threshold.
The Notes have a $10 principal amount per Note, a minimum investment of 100 Notes ($1,000), and an estimated initial value of $9.48 to $9.73. Example terms show a contingent coupon rate of 25.55% per annum and a downside threshold equal to 60.00% of the initial level; if the final level is below that threshold, principal repayment may be reduced and investors could lose a significant portion or all of their investment. Payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Salesforce, Inc., due on or about April 23, 2027. The Notes pay periodic contingent coupons only if the underlying equity closes at or above a coupon barrier on observation dates and are automatically called early if the underlying closes at or above the initial level on any observation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise repayment is reduced proportionally to the underlying return, potentially resulting in total loss. Payments are subject to UBS credit risk. Trade date is April 21, 2026 with settlement expected April 23, 2026. The principal amount per Note is $10 and estimated initial value range is $9.56 to $9.81.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Fluor Corporation stock due April 23, 2027. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any observation date. If not called, principal is repaid at maturity only if the final level is at or above a stated downside threshold; otherwise repayment is reduced pro rata to the decline in the underlying, and investors can lose a substantial portion or all of principal. Payments depend on UBS creditworthiness. Trade and settlement dates and key thresholds are set in the offering material.
UBS AG offers $300,000 principal of Trigger Autocallable Contingent Yield Notes linked to the common stock of Meta Platforms, Inc., maturing on April 23, 2027. The notes pay periodic contingent coupons only if the underlying closes at or above the coupon barrier on observation dates and can be automatically called early if the underlying closes at or above the initial level on an observation date. If not called, principal repayment at maturity is contingent: full principal is paid if the final level is at or above the downside threshold; otherwise repayment declines in proportion to the underlying return and investors can lose a significant portion or all principal. Payments are subject to UBS creditworthiness. Trade date, settlement and final valuation dates and other mechanics are stated in the pricing supplement.
UBS AG is offering $325,000 in Trigger Autocallable Contingent Yield Notes linked to the common stock of V.F. Corporation, maturing on April 23, 2027. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and are automatically called if the underlying closes at or above the initial level on any observation date prior to the final valuation date. If not called, principal is repaid at maturity only if the final level is at or above a downside threshold; otherwise repayment at maturity can be less than principal and may reflect the underlying's percentage decline. Any payments depend on UBS's creditworthiness. Trade and settlement are expected on April 21, 2026 and April 23, 2026, respectively; final valuation and maturity occur in April 2027.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to ULTA Beauty common stock with a stated offering amount of $425,000. The Notes pay a contingent coupon only when the underlying closing level at an observation date meets or exceeds the coupon barrier; otherwise no coupon is paid. The Notes can be automatically called quarterly beginning ~6 months after issuance if the underlying closes at or above the initial level, in which case holders receive principal plus any contingent coupon due on the call settlement date. If not called, repayment at maturity depends on the final level: holders receive the $10 principal if the final level is at or above the disclosed downside threshold; if the final level is below that threshold, repayment equals $10 × (1 + Underlying Return), exposing holders to the underlying's negative return (in extreme cases, a total loss). Trade and settlement dates are April 21, 2026 and April 23, 2026; final valuation and maturity dates are April 19, 2029 and April 23, 2029. The estimated initial value was $9.75, and all payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Blackstone Inc. The notes pay a contingent coupon only if the underlying closing level meets a coupon barrier on observation dates and may be automatically called early if the underlying equals or exceeds the initial level. If not called, principal repayment at maturity depends on the final level relative to a downside threshold; if the final level is below that threshold, investors suffer a loss equal to the underlying return and could lose all principal. The notes have a $10 principal per note, trade date April 21, 2026, settlement April 23, 2026, final valuation date April 21, 2027, and maturity April 23, 2027. Payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Dell Technologies Inc. The Notes have a Principal Amount of $10 per Note, an expected trade date of April 21, 2026, and a maturity date of April 24, 2028. The Notes pay a periodic contingent coupon only if the underlying closes at or above the coupon barrier on observation dates and are automatically called if the underlying closes at or above the initial level on any observation date. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold, exposing holders to the negative return of the underlying and potential loss of principal. The issuer credit risk of UBS AG applies to all payments. The estimated initial value at trade date is $9.79.
UBS AG priced a preliminary offering for Trigger Autocallable Contingent Yield Notes linked to the common stock of Fluor Corporation, maturing about April 23, 2027. The Notes pay a contingent coupon only if the underlying meets a coupon barrier on observation dates and are automatically called if the underlying equals or exceeds the initial level on an observation date. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above a downside threshold; otherwise repayment is reduced proportionally to the underlying return. Trade date and expected settlement are April 21, 2026 and April 23, 2026. The Notes have a principal amount of $10 per Note, an estimated initial value range of $9.51–$9.76, and an example contingent coupon rate of 16.41% per annum. The Notes are unsecured obligations of UBS and subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The Notes have a principal amount of $10 per Note, trade date April 21, 2026, settlement April 23, 2026, and maturity April 23, 2027. The Notes pay contingent coupons only when the underlying closing level on observation dates meets or exceeds a coupon barrier and will be automatically called early if the underlying closing level on any observation date prior to the final valuation date is equal to or greater than the initial level. If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold, UBS will repay principal; if below, repayment will decline in proportion to the underlying return, potentially resulting in loss of all principal. The estimated initial value as of the trade date is $9.74. Minimum investment is 100 Notes ($1,000). All payments are subject to UBS credit risk; a UBS default could result in loss of principal.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of DexCom, Inc. The notes mature on April 24, 2028 and include periodic observation dates, an automatic call feature and contingent coupons that pay only if the underlying meets the coupon barrier.
If the notes are automatically called, holders receive principal plus any contingent coupon on the related call settlement date. If not called, repayment at maturity depends on the final level versus a downside threshold: if the final level is below that threshold, principal repayment is reduced pro rata to the underlying return and investors can lose a significant portion or all of their investment. All payments are subject to UBS credit risk.
UBS AG published a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Meta Platforms, Inc., with a scheduled maturity on April 23, 2027. The Notes pay contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and will be automatically called if the underlying closes at or above the initial level on any prior observation date. If not called, principal repayment at maturity is contingent: full principal is paid if the final level is at or above the downside threshold; if the final level is below that threshold, repayment equals $10 times (1 + underlying return), which can result in a substantial loss up to the entire investment. Trade and settlement are expected on April 21, 2026 and April 23, 2026, respectively. The Notes have a $10 principal per Note, an estimated initial value range of $9.48 to $9.73, and are subject to UBS credit risk and the final terms to be set on the trade date.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Freeport-McMoRan Inc. The Notes pay periodic contingent coupons only if observation-date closing levels meet a coupon barrier and can be automatically called early if the underlying closes at or above the initial level on any observation date. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; otherwise repayment is reduced proportionally to the underlying return and investors could lose a significant portion or all of their investment. The Notes mature on April 23, 2027, have a principal amount of $10 per Note in the examples, an estimated initial value of $9.77, and are subject to UBS credit risk and product-specific market‑disruption and adjustment provisions.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of V.F. Corporation, due on or about April 23, 2027. The Notes pay periodic contingent coupons only if the underlying closing level on each observation date is at or above a coupon barrier and will be automatically called early if the underlying closing level on any pre-maturity observation date is at or above the initial level. If not called, principal repayment at maturity is contingent: the Notes repay the $10 principal if the final level is at or above a disclosed downside threshold; if the final level is below that threshold, repayment is reduced in proportion to the underlying return and you could lose a significant portion or all of your investment. Trade date is April 21, 2026, settlement is expected April 23, 2026, and the final valuation date is April 21, 2027. The offering requires a minimum purchase of 100 Notes (a $1,000 investment); UBS estimates an initial value range of $9.49–$9.74 per Note on the trade date. All payments, including contingent coupons and any principal repayment, are subject to UBS credit risk.
UBS AG delivered a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of ULTA Beauty, Inc., due on or about April 23, 2029. The document sets key dates and describes contingent coupons, an automatic call feature, and contingent principal repayment at maturity.
Trade Date is April 21, 2026 with Settlement April 23, 2026. The Final Valuation Date is April 19, 2029 and Maturity April 23, 2029. Minimum purchase is 100 Notes ($1,000). The estimated initial value range is $9.38 to $9.63 per Note. Example terms show a hypothetical contingent coupon rate of 10.53% per annum and a downside threshold of $65.00 (65.00% of the initial level).
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Dell Technologies Inc. due on or about April 24, 2028. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any observation date. If not called, principal repayment at maturity is contingent: full principal is returned only if the final level is at or above the downside threshold; if the final level is below that threshold, investors suffer a loss equal to the underlying return and could lose their entire investment. Payments are subject to UBS credit risk. Trade date is April 21, 2026 and settlement is expected April 23, 2026. The Notes are offered in $10 denominations with an estimated initial value range of $9.49 to $9.74 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Blackstone Inc. The Notes pay periodic contingent coupons only if the underlying meets observation-date barriers, feature an automatic call if the underlying equals/exceeds the initial level on an observation date, and provide contingent repayment of principal at maturity tied to the final valuation level. The Notes have a principal amount of $10 per Note, an expected one-year term to maturity, trade date April 21, 2026 and maturity date April 23, 2027. The Notes are unsecured obligations of UBS and any payment is subject to UBS credit risk. The estimated initial value range is $9.47–$9.72 per Note and the Notes are offered in minimum increments of 100 Notes.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Advanced Micro Devices, Inc. The Notes mature on April 23, 2027 and pay contingent coupons only when the underlying stock meets or exceeds a coupon barrier on observation dates. The Notes can be automatically called early if the underlying equals or exceeds the initial level on an observation date; otherwise, principal repayment at maturity is contingent on the final level relative to a downside threshold.
The Notes have a $10 principal amount per Note, a trade date of April 21, 2026 and settlement expected on April 23, 2026. Estimated initial value per Note is between $9.48 and $9.73. Payments, including any principal repayment, are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to DexCom, Inc. stock due on or about April 24, 2028. The Notes pay periodic contingent coupons only if the underlying closing level on observation dates meets the coupon barrier and will be automatically called early if the underlying equals or exceeds the initial level on any observation date. The Notes repay principal at maturity only if the final level is at or above a downside threshold (example: $10 principal preserved at or above 70% of initial level); if the final level is below that threshold you may suffer a loss equal to the underlying return and could lose your entire investment. Trade date, settlement date, observation schedule, minimum investment of $1,000, and an estimated initial value range of $9.50–$9.75 are set in the preliminary pricing supplement. The Notes are unsecured obligations of UBS and any payment is subject to UBS credit risk.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Freeport‑McMoRan common stock. The Notes mature on or about April 23, 2027 with a final valuation date of April 21, 2027 and an expected one‑year term. Payments include periodic contingent coupons payable only if the underlying meets coupon barriers on observation dates, an automatic call if the underlying closes at or above the initial level on an observation date, and contingent principal repayment at maturity tied to the underlying's final level versus a downside threshold. The Notes are unsecured obligations of UBS and any payment is subject to UBS's creditworthiness. The Notes are offered at a minimum investment of 100 Notes at $10 per Note; the estimated initial value range is $9.46 to $9.71 as of the trade date. The final terms will be set on the trade date and the Offering Documents must be delivered in final form before any sale.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc. The Notes trade April 21, 2026 with expected settlement April 23, 2026 and mature April 23, 2027. The Notes pay a contingent coupon only if the underlying closes at or above the coupon barrier on observation dates; they autocall early if the underlying closes at or above the initial level on any pre-final observation date. If not called, repayment at maturity depends on the final level versus the downside threshold: full principal is paid if the final level is at or above the downside threshold; otherwise principal is reduced pro rata to the underlying return, and investors could lose a substantial portion or all principal. Payments are subject to the creditworthiness of UBS. The estimated initial value per Note was $9.85 and the offering minimum is 100 Notes at $10 per Note.