Universal Display (OLED) CTO receives 11,779-unit grant and 914-share tax withholding
Rhea-AI Filing Summary
Universal Display Corp. executive vice president and chief technical officer Julia J. Brown reported routine equity compensation and related tax withholding transactions in company common stock.
On February 17, 2026, she acquired 11,779 common stock units at $0.00 per share as a grant under the company’s Long Term Incentive Plan, as part of her 2026 compensation. According to the footnotes, these units are subject to time-based restrictions, with one-third vesting on each of February 17, 2027, 2028 and 2029. After this grant, her directly held common stock position was 85,811 shares.
On February 18, 2026, 914 shares of common stock were disposed of through a tax-withholding disposition at a price of $119.92 per share. Footnote disclosure states these shares were withheld to satisfy tax liabilities arising from the vesting of 3,224 previously granted restricted shares, rather than sold in an open-market transaction. Following this tax withholding, Brown directly owned 84,897 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 914 | $119.92 | $110K |
| Grant/Award | Common Stock | 11,779 | $0.00 | -- |
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 164 and 7 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on March 31, 2025 and June 30, 2025, respectively. These shares were withheld to satisfy a tax liability in connection with the vesting on February 18, 2026 of 3,224 shares of restricted stock previously granted to the Reporting Person.