Kayne Anderson Rudnick (OLED) reports 2.17M Universal Display shares, below 5% stake
Rhea-AI Filing Summary
Kayne Anderson Rudnick Investment Management, LLC filed an amended ownership report for Universal Display Corp common stock. The firm reported beneficial ownership of 2,166,263 shares, representing 4.6% of the outstanding common stock, which reflects ownership of 5 percent or less of the class.
Kayne Anderson Rudnick reported sole voting power1,796,462 shares and shared voting power350,402 shares. It also reported sole dispositive power1,815,861 shares and shared dispositive power350,402 shares.
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Key Figures
Beneficially owned shares: 2,166,263 shares
Ownership percentage: 4.6%
Sole voting power: 1,796,462 shares
+3 more
6 metrics
Beneficially owned shares
2,166,263 shares
Amount beneficially owned in Universal Display Corp common stock
Ownership percentage
4.6%
Percent of Universal Display Corp common stock class owned
Sole voting power
1,796,462 shares
Shares over which Kayne Anderson Rudnick has sole power to vote
Shared voting power
350,402 shares
Shares over which voting power is shared
Sole dispositive power
1,815,861 shares
Shares over which it has sole power to dispose
Shared dispositive power
350,402 shares
Shares over which dispositive power is shared
Key Terms
beneficially owned, sole voting power, shared voting power, sole dispositive power, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: 2,166,263"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole power to vote or to direct the vote: 1,796,462"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole power to dispose or to direct the disposition of: 1,815,861"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
FAQ
What voting power does Kayne Anderson Rudnick report over Universal Display Corp (OLED) shares?
Kayne Anderson Rudnick reports sole voting power1,796,462 shares and shared voting power350,402 shares of Universal Display Corp common stock, reflecting how its voting authority is allocated between sole and shared control.
What dispositive power does Kayne Anderson Rudnick have over its Universal Display Corp (OLED) position?
The firm reports sole dispositive power1,815,861 shares and shared dispositive power350,402 shares. Dispositive power refers to the authority to dispose of or direct the disposition of the shares.
Does Kayne Anderson Rudnick still hold 5% or more of Universal Display Corp (OLED)?
No. The filing reports beneficial ownership of 4.6% of Universal Display Corp’s common stock and explicitly identifies the position as ownership of 5 percent or less of a class under the Schedule 13G framework.
Who signed the Universal Display Corp (OLED) Schedule 13G/A for Kayne Anderson Rudnick?
The report was signed by Michael Shoemaker, serving as Chief Compliance Officer of Kayne Anderson Rudnick Investment Management, LLC, confirming the accuracy of the ownership information as of the reported date.
AI-generated analysis. How Rhea-AI works. Not financial advice.