Universal Display (OLED) CEO gets stock grant and tax-withholding transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Universal Display Corporation President and CEO Steven V. Abramson reported equity compensation and related tax withholding transactions in company common stock. On February 17, 2026, he acquired 16,782 units at no cost as a grant under the Long Term Incentive Plan for his 2026 compensation, with one-third vesting on each of February 17, 2027, 2028 and 2029.
On February 18, 2026, 1,963 shares were withheld and disposed of to cover tax liabilities arising from the vesting of 4,593 previously granted restricted shares, rather than an open-market sale. After these transactions, he directly holds 270,624 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ABRAMSON STEVEN V
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,963 | $119.92 | $235K |
| Grant/Award | Common Stock | 16,782 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 270,624 shares (Direct)
Footnotes (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 73 and 15 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on June 30, 2025 and September 30, 2025, respectively. These shares were withheld to satisfy a tax liability in connection with the vesting on February 18, 2026 of 4,593 shares of restricted stock previously granted to the Reporting Person.
FAQ
What insider transactions did Universal Display (OLED) report for Steven V. Abramson?
Steven V. Abramson reported a stock grant and related tax withholding transactions. He received 16,782 common stock units as 2026 compensation and had 1,963 shares withheld to satisfy tax on vesting of previously granted restricted stock.
What is the vesting schedule for the Universal Display (OLED) CEO’s 2026 stock grant?
The 16,782 units granted as 2026 compensation vest over three years. One-third of the total vests on each of February 17, 2027, February 17, 2028 and February 17, 2029, subject to continued service under the company’s Long Term Incentive Plan.
What plan governs the Universal Display (OLED) CEO’s 2026 equity award?
The 2026 equity award to Steven V. Abramson was granted under Universal Display’s Long Term Incentive Plan. It consists of 16,782 common stock units subject to time-based vesting, aligning a portion of his compensation with long-term shareholder interests and company performance.