Universal Display (OLED) director buys 1,000 shares and reports gifts
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Universal Display director Richard C. Elias reported multiple insider moves involving Common Stock. On May 11, 2026, he made an open-market purchase of 1,000 shares at $92.84 per share, bringing his directly held stake to 1,456 shares.
The filing also shows two bona fide gift transfers of 456 shares each, one from a Family Trust and one from his direct holdings, resulting in 10,871 shares held indirectly by the Family Trust. Additional indirect holdings are reported as 755 shares held by a Grandchild Trust and 4,439 shares held by a Gift Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares ($92,840)
Net Buy
5 txns
Insider
ELIAS RICHARD C
Role
null
Bought
1,000 shs ($93K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $92.84 | $93K |
| Gift | Common Stock | 456 | $0.00 | -- |
| Gift | Common Stock | 456 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,456 shares (Direct, null);
Common Stock — 10,871 shares (Indirect, By Family Trust)
Footnotes (1)
Key Figures
Open-market purchase: 1,000 shares
Purchase price: $92.84 per share
Direct holdings after purchase: 1,456 shares
+5 more
8 metrics
Open-market purchase
1,000 shares
Common Stock bought on May 11, 2026
Purchase price
$92.84 per share
Open-market purchase of 1,000 shares
Direct holdings after purchase
1,456 shares
Common Stock directly owned following transactions
Direct gift
456 shares
Bona fide gift from direct holdings
Family Trust gift
456 shares
Bona fide gift by Family Trust
Family Trust holdings after gift
10,871 shares
Common Stock held indirectly by Family Trust
Grandchild Trust holdings
755 shares
Common Stock held indirectly by Grandchild Trust
Gift Trust holdings
4,439 shares
Common Stock held indirectly by Gift Trust
Key Terms
open-market purchase, bona fide gift, indirect ownership, Family Trust, +2 more
6 terms
open-market purchase financial
"transaction_action is described as an open-market purchase of 1,000 shares"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
bona fide gift financial
"transaction_code G is labeled as a bona fide gift disposition"
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
"shares are reported as indirectly owned through Family, Grandchild, and Gift Trusts"
Family Trust financial
"10,871 Common Stock shares are reported as held by a Family Trust"
Grandchild Trust financial
"755 Common Stock shares are reported as held by a Grandchild Trust"
Gift Trust financial
"4,439 Common Stock shares are reported as held by a Gift Trust"
FAQ
What insider transaction did Richard C. Elias report at Universal Display (OLED)?
Richard C. Elias reported an open-market purchase of 1,000 shares of Universal Display Common Stock on May 11, 2026. The Form 4 also lists two bona fide gift transfers of 456 shares each and updated indirect holdings across several family-related trusts.
What were the bona fide gift transactions reported by Elias in this Form 4?
The Form 4 shows two bona fide gift transactions of 456 shares each on May 11, 2026. One gift was from a Family Trust, leaving that trust with 10,871 shares, and the other gift came from his direct holdings, leaving 1,000 shares before the subsequent purchase.
Do the Universal Display (OLED) gift entries involve open-market sales of stock?
No, the gift entries are coded as bona fide gifts and list a transaction price of $0.00 per share. They represent non-market transfers of Universal Display shares to donees, separate from the open-market purchase of 1,000 shares at $92.84 reported in the same Form 4.
What indirect Universal Display (OLED) holdings does Elias report through trusts?
Elias reports indirect ownership of Universal Display shares across several trusts. Following the transactions, a Family Trust holds 10,871 shares, a Grandchild Trust holds 755 shares, and a Gift Trust holds 4,439 shares, reflecting updated positions for these family-related entities.