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.

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

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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^*

BROWN JULIA J

(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)
	EVP & Chief Technical Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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	02/17/2026		A		11,779(1)	A	$0	85,811(2)	D
Common Stock	02/18/2026		F		914(3)	D	$119.92	84,897	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 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.

2. Includes 164 and 7 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on March 31, 2025 and June 30, 2025, respectively.

3. 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.

	/s/ Julia J. Brown (by Mauro Premutico as power of attorney)	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did OLED executive Julia J. Brown report?

Julia J. Brown reported an equity grant and a tax-withholding share disposition. She received 11,779 common stock units at no cost, then had 914 shares withheld the next day to cover taxes from a separate restricted stock vesting.

How many Universal Display (OLED) shares were granted to Julia J. Brown?

Julia J. Brown was granted 11,779 common stock units as part of her 2026 compensation. These units were issued under the Long Term Incentive Plan and vest in three equal installments in 2027, 2028, and 2029, subject to time-based restrictions.

Why were 914 OLED shares disposed of in Julia J. Brown’s Form 4?

The 914 shares were withheld to satisfy tax liabilities from the vesting of 3,224 restricted shares on February 18, 2026. This tax-withholding disposition reflects shares retained by the company for taxes rather than open-market selling by Brown.

What is Julia J. Brown’s Universal Display (OLED) share ownership after these transactions?

After the February 18, 2026 tax-withholding disposition, Julia J. Brown directly owned 84,897 shares of Universal Display common stock. This figure reflects her holdings after both the 11,779-share award and the 914-share tax-withholding transaction reported.

How do the new OLED stock units granted to Julia J. Brown vest over time?

The 11,779 stock units granted to Julia J. Brown vest in three equal parts. One-third vests on February 17, 2027, another third on February 17, 2028, and the final third on February 17, 2029, subject to time-based restrictions under the incentive plan.