Universal Display (NASDAQ: OLED) CEO stock withheld to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Universal Display Corp President and CEO Steven V. Abramson reported a small tax-related share disposition. On March 4, 2026, 1,634 shares of common stock were withheld to cover taxes triggered by the vesting of 3,853 previously granted restricted shares.
After this withholding, Abramson directly holds 268,990 shares of Universal Display common stock, reflecting his continuing equity stake. This transaction was a tax-withholding disposition rather than an open-market sale, so it did not involve him selling shares into the market.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ABRAMSON STEVEN V
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,634 | $101.52 | $166K |
Holdings After Transaction:
Common Stock — 268,990 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Universal Display (OLED) report for Steven V. Abramson?
Universal Display reported that CEO Steven V. Abramson had 1,634 shares withheld for taxes. The withholding occurred when 3,853 previously granted restricted stock shares vested on March 4, 2026, and represents a tax-withholding disposition rather than an open-market sale.
Was Steven V. Abramson’s Universal Display (OLED) Form 4 transaction an open-market stock sale?
No, the transaction was not an open-market sale. Shares were withheld to satisfy a tax liability arising from the vesting of 3,853 restricted stock shares on March 4, 2026, which is recorded as a tax-withholding disposition under transaction code F.
What does transaction code F mean in the Universal Display (OLED) Form 4 for Steven V. Abramson?
Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this case, 1,634 shares were withheld to satisfy Abramson’s tax liability related to the vesting of 3,853 restricted stock shares on March 4, 2026.
What triggered the tax-withholding disposition reported by Universal Display (OLED) for its CEO?
The disposition was triggered by the vesting of 3,853 restricted stock shares on March 4, 2026. To cover the resulting tax liability, 1,634 of those shares were withheld, which is recorded as a tax-withholding disposition in the Form 4 filing.