Universal Display (OLED) director makes 910-share stock gifts to trusts and self
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Universal Display director Richard C. Elias reported bona fide gifts totaling 910 shares of common stock on July 10, 2026. Two gifts of 455 shares each were made, one from a family trust and one from his direct holdings at $0.00 per share. After these transfers, he holds 11,326 shares indirectly via a family trust, 755 via a grandchild trust, 4,439 via a gift trust, and 1,000 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
910 shares gifted
Mixed
4 txns
Insider
ELIAS RICHARD C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 455 | $0.00 | -- |
| Gift | Common Stock | 455 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,000 shares (Direct);
Common Stock — 11,326 shares (Indirect, By Family Trust)
Footnotes (1)
Key Figures
Total gifted shares: 910 shares
Shares per gift transaction: 455 shares
Gift transaction price: $0.0000 per share
+4 more
7 metrics
Total gifted shares
910 shares
Aggregate bona fide gifts of common stock on July 10, 2026
Shares per gift transaction
455 shares
Each of the two bona fide gift transactions on July 10, 2026
Gift transaction price
$0.0000 per share
Reported price for both bona fide gift transactions
Family Trust holdings
11,326 shares
Indirect holdings via Family Trust following the gift transfer
Direct holdings
1,000 shares
Directly owned shares of common stock after the gift
Grandchild Trust holdings
755 shares
Indirect holdings via Grandchild Trust as of July 10, 2026
Gift Trust holdings
4,439 shares
Indirect holdings via Gift Trust as of July 10, 2026
Key Terms
bona fide gift, indirect ownership, Family Trust, Gift Trust, +1 more
5 terms
bona fide gift financial
"Transaction code G is described as a bona fide gift of shares"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"Several positions are reported as indirect ownership through various trusts"
Family Trust financial
"Common stock is held indirectly by a Family Trust associated with Elias"
Gift Trust financial
"Additional common stock is held indirectly by a designated Gift Trust"
Grandchild Trust financial
"A portion of the shares is held indirectly by a Grandchild Trust"
FAQ
What insider transaction did Universal Display (OLED) director Richard C. Elias report?
Director Richard C. Elias reported bona fide gifts totaling 910 shares of Universal Display common stock on July 10, 2026. He transferred 455 shares from a family trust and 455 shares from his direct holdings, each recorded at $0.00 per share as non-market gifts.
Were the Universal Display (OLED) transactions by Richard C. Elias open-market sales or purchases?
No open-market sales or purchases were reported; Elias recorded two bona fide gifts of 455 shares each. The transactions used code G, involved 910 shares in total, and were executed at $0.00 per share, reflecting non-cash, non-market transfers.
How are Richard C. Elias’s Universal Display (OLED) holdings structured after the transactions?
Elias’s holdings combine direct and indirect ownership. He owns 1,000 shares directly and indirectly holds 11,326 shares via a family trust, 755 via a grandchild trust, and 4,439 via a gift trust, all representing Universal Display common stock positions.
Does this Universal Display (OLED) Form 4 show any option exercises or derivative transactions for Elias?
No derivative transactions or option exercises are shown; the filing lists no derivative transaction entries. Activity centers on non-derivative common stock, specifically two bona fide gift transfers and updated indirect holding balances across several trusts associated with Elias.