STOCK TITAN

Universal Display (OLED) CLO has 1,151 shares withheld for tax liability

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 had shares withheld to cover taxes on vested stock. On March 4, 2026, 1,151 shares of common stock were disposed of at $101.52 per share to satisfy tax liabilities from the vesting of 2,081 restricted shares, leaving him with 42,340 shares directly owned.

Positive

  • None.

Negative

  • None.
Insider Premutico Mauro
Role SVP & CLO
Type Security Shares Price Value
Tax Withholding Common Stock 1,151 $101.52 $117K
Holdings After Transaction: Common Stock — 42,340 shares (Direct)
Footnotes (1)
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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)
03/04/2026
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 03/04/2026 F 1,151(1) D $101.52 42,340 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 shares were withheld to satisfy a tax liability in connection with the vesting on March 4, 2026 of 2,081 shares of restricted stock previously granted to the Reporting Person.
/s/ Mauro Premutico 03/06/2026
** 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.

FAQ

What did Universal Display (OLED) insider Mauro Premutico report on this Form 4?

Mauro Premutico reported a tax-withholding disposition of 1,151 shares of Universal Display common stock. The shares were withheld by the company to satisfy tax obligations arising from the vesting of 2,081 previously granted restricted shares.

Was the Universal Display (OLED) Form 4 transaction an open-market sale?

No. The Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld at $101.52 per share to pay taxes owed when 2,081 restricted shares vested on March 4, 2026.

How many Universal Display (OLED) shares did Mauro Premutico dispose of for taxes?

He disposed of 1,151 common shares through share withholding. These shares were used to cover tax liabilities triggered by the vesting of 2,081 restricted shares granted earlier as part of his equity compensation.

What price per share was used for the tax-withholding disposition at Universal Display (OLED)?

The withheld shares were valued at $101.52 per share. This price determined how many of Mauro Premutico’s vested shares—1,151 in total—were needed to cover the associated tax liability on the 2,081 restricted shares that vested.

How many Universal Display (OLED) shares does Mauro Premutico hold after this Form 4 transaction?

After the transaction, Mauro Premutico directly owns 42,340 shares of Universal Display common stock. This balance reflects the 1,151 shares withheld for taxes following the vesting of 2,081 restricted shares on March 4, 2026.

What caused the tax-withholding share disposition for Universal Display (OLED) insider Mauro Premutico?

The disposition occurred because 2,081 restricted shares vested on March 4, 2026. To satisfy the resulting tax liability, 1,151 of those shares were withheld instead of being sold in the open market or paid for separately in cash.