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Universal Display (OLED) SVP awarded stock units, offsets taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Universal Display Corp senior vice president and chief legal officer Mauro Premutico reported two stock transactions. On February 17, 2026, he acquired 9,062 shares of common stock as a grant under the company’s Long Term Incentive Plan at a stated price of $0.00 per share, bringing his holdings to 44,903 shares. These units are part of his 2026 compensation and vest in three equal installments on February 17, 2027, 2028 and 2029.

On February 18, 2026, 1,412 shares of common stock at $119.92 per share were disposed of in a tax-withholding transaction to satisfy tax liability from the vesting of previously granted restricted stock, reducing his directly held shares to 43,491. This tax withholding is not an open-market sale.

Positive

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Negative

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Insider Premutico Mauro
Role SVP & CLO
Type Security Shares Price Value
Tax Withholding Common Stock 1,412 $119.92 $169K
Grant/Award Common Stock 9,062 $0.00 --
Holdings After Transaction: Common Stock — 43,491 shares (Direct)
Footnotes (1)
  1. These units were granted to the Reporting Person under the Company's Long Term Incentive Plan as part of the Reporting Person's 2026 compensation and are subject to a time-based restriction, with one-third of the total unit amount vesting on each of February 17, 2027, 2028 and 2029. Includes 16 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on September 30, 2025. These shares were withheld to satisfy a tax liability in connection with the vesting on February 18, 2026 of 2,480 shares of restricted stock previously granted to the Reporting Person.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Premutico Mauro
(Last) (First) (Middle)
C/O UNIVERSAL DISPLAY CORPORATION
250 PHILLIPS BLVD.
(Street)
EWING NJ 08618
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
UNIVERSAL DISPLAY CORP \PA\ [ OLED ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP & CLO
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/17/2026 A 9,062(1) A $0 44,903(2) D
Common Stock 02/18/2026 F 1,412(3) D $119.92 43,491 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These units were granted to the Reporting Person under the Company's Long Term Incentive Plan as part of the Reporting Person's 2026 compensation and are subject to a time-based restriction, with one-third of the total unit amount vesting on each of February 17, 2027, 2028 and 2029.
2. Includes 16 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on September 30, 2025.
3. These shares were withheld to satisfy a tax liability in connection with the vesting on February 18, 2026 of 2,480 shares of restricted stock previously granted to the Reporting Person.
/s/ Mauro Premutico 02/19/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What stock grant did Universal Display (OLED) executive Mauro Premutico receive?

Mauro Premutico received a grant of 9,062 common shares as part of his 2026 compensation under Universal Display’s Long Term Incentive Plan. The award vests in three equal parts on February 17, 2027, 2028 and 2029, subject to continued service.

How many Universal Display (OLED) shares were used to cover Mauro Premutico’s taxes?

A total of 1,412 common shares of Universal Display were withheld at $119.92 per share to satisfy Mauro Premutico’s tax liability from the vesting of earlier restricted stock, reducing his directly held position but without an open-market sale.

How many Universal Display (OLED) shares does Mauro Premutico now hold directly?

After the reported transactions, Mauro Premutico directly holds 43,491 shares of Universal Display common stock. This figure reflects the recent equity grant of 9,062 shares and the withholding of 1,412 shares for tax obligations related to vested restricted stock.

Were Mauro Premutico’s recent Universal Display (OLED) transactions open-market buys or sells?

The transactions were not open-market trades. One was a grant of 9,062 shares as compensation, and the other was a withholding of 1,412 shares to cover taxes on vested restricted stock, rather than a discretionary market sale.

What plan governs Mauro Premutico’s new Universal Display (OLED) stock units and vesting?

The 9,062-share grant was made under Universal Display’s Long Term Incentive Plan. These units are tied to his 2026 compensation and vest over three years, with one-third vesting on each of February 17, 2027, 2028 and 2029.