Restricted stock tax withholding at Universal Display (NASDAQ: OLED)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Universal Display Corp EVP & Chief Technical Officer Julia J. Brown reported a tax-related share disposition. On March 4, 2026, 741 shares of common stock were withheld at $101.52 per share to cover tax liabilities from the vesting of 2,704 restricted stock shares.
After this tax-withholding disposition, Brown directly owned 84,156 shares of Universal Display common stock. The transaction reflects automatic share withholding for taxes rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BROWN JULIA J
Role
EVP & Chief Technical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 741 | $101.52 | $75K |
Holdings After Transaction:
Common Stock — 84,156 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Universal Display (OLED) report for Julia Brown?
Universal Display reported that EVP & Chief Technical Officer Julia J. Brown had 741 common shares withheld on March 4, 2026. The shares were used to satisfy tax liabilities arising from the vesting of 2,704 previously granted restricted stock shares.
Was the Universal Display (OLED) insider transaction an open-market sale?
No, the Universal Display insider transaction was not an open-market sale. The 741 common shares were withheld automatically to cover tax liabilities connected to restricted stock vesting, rather than being voluntarily sold by Julia J. Brown in the open market.
What restricted stock vesting triggered the Universal Display (OLED) tax withholding?
The withholding was triggered by the vesting on March 4, 2026 of 2,704 restricted stock shares previously granted to Julia J. Brown. To satisfy the resulting tax liability, 741 of her Universal Display common shares were withheld instead of paying cash taxes.
What transaction code was used in the Universal Display (OLED) Form 4 filing?
The Form 4 used transaction code “F,” which indicates shares were used to pay an exercise price or tax liability. In this case, 741 Universal Display common shares were withheld to satisfy taxes from the vesting of 2,704 restricted stock shares.