STOCK TITAN

Universal Display (NASDAQ: OLED) SVP granted stock; shares withheld for taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Universal Display Corp. SVP & CLO Mauro Premutico reported equity compensation activity in company stock. On March 7, 2026, he received several stock awards classified as grants or awards of common stock, tied to the company’s Long Term Incentive Plan and 2023 compensation, after performance conditions were certified as achieved.

The same day, the company withheld blocks of shares at $97.03 per share to cover related tax liabilities upon vesting of these and previously granted restricted stock awards. These tax-withholding dispositions were not open-market sales. After these transactions, Premutico directly held 48,655 shares of Universal Display common stock.

Positive

  • None.

Negative

  • None.
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)
03/07/2026
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 03/07/2026 A 3,233(1) A $0 45,573 D
Common Stock 03/07/2026 F 1,789(2) D $97.03 43,784 D
Common Stock 03/07/2026 A 10,672(1) A $0 54,456 D
Common Stock 03/07/2026 F 5,905(3) D $97.03 48,551 D
Common Stock 03/07/2026 A 3,447(1) A $0 51,998 D
Common Stock 03/07/2026 F 1,907(4) D $97.03 50,091 D
Common Stock 03/07/2026 F 1,436(5) D $97.03 48,655 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 granted to the Reporting Person as performance units under the Company's Long Term Incentive Plan as part of 2023 compensation and vested on March 7, 2026 subject to the satisfaction of certain performance conditions, which the Company's Human Capital Committee certified on February 17, 2026 as having occurred.
2. These shares were withheld to satisfy a tax liability in connection with the vesting on March 7, 2026 of 3,233 shares of restricted stock previously granted to the Reporting Person.
3. These shares were withheld to satisfy a tax liability in connection with the vesting on March 7, 2026 of 10,672 shares of restricted stock previously granted to the Reporting Person.
4. These shares were withheld to satisfy a tax liability in connection with the vesting on March 7, 2026 of 3,447 shares of restricted stock previously granted to the Reporting Person.
5. These shares were withheld to satisfy a tax liability in connection with the vesting on March 7, 2026 of 2,596 shares of restricted stock previously granted to the Reporting Person.
/s/ Mauro Premutico 03/10/2026
** 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 insider transactions did Universal Display (OLED) report for Mauro Premutico?

Universal Display reported that SVP & CLO Mauro Premutico received multiple common stock grants on March 7, 2026, under the Long Term Incentive Plan. The company also withheld shares the same day to satisfy tax liabilities tied to vesting restricted stock awards.

Did Mauro Premutico buy or sell Universal Display (OLED) shares in the market?

The filing shows no open-market buys or sales by Mauro Premutico. Reported dispositions were Form F tax-withholding transactions, where the company withheld shares at $97.03 per share to pay taxes on vesting restricted stock awards.

How many Universal Display (OLED) shares does Mauro Premutico hold after these transactions?

After the March 7, 2026 transactions, Mauro Premutico directly held 48,655 shares of Universal Display common stock. This figure reflects the impact of both stock grants and shares withheld to satisfy tax obligations upon vesting of restricted stock.

What type of compensation did Mauro Premutico receive from Universal Display (OLED)?

Mauro Premutico received common stock grants described as performance units under Universal Display’s Long Term Incentive Plan, tied to 2023 compensation. These awards vested on March 7, 2026 after the Human Capital Committee certified that specified performance conditions had been achieved.

Why were Universal Display (OLED) shares withheld from Mauro Premutico on March 7, 2026?

Shares were withheld to satisfy tax liabilities arising from the vesting of various restricted stock awards, including grants of 3,233, 10,672, 3,447 and 2,596 shares. These withholdings are reported as Form F dispositions, not as open-market stock sales.
Universal Display Corp

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