Kayne Anderson reports 7.1% Universal Display (OLED) stake

Rhea-AI Filing Summary

Kayne Anderson Rudnick Investment Management, LLC filed an amended Schedule 13G reporting beneficial ownership of 3,393,790 Universal Display Corp ordinary shares, representing 7.1% of the class as of the event date 12/31/2025.

The firm reports sole voting power over 2,457,158 shares and shared voting power over 914,510 shares. It has sole dispositive power over 2,479,280 shares and shared dispositive power over 914,510 shares. The filer certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Universal Display.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Universal Display Corp

(Name of Issuer)

Universal Display Ord Shs

(Title of Class of Securities)

91347P105

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 91347P105

1

Names of Reporting Persons

Kayne Anderson Rudnick Investment Management, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,457,158.00
6	Shared Voting Power 914,510.00
7	Sole Dispositive Power 2,479,280.00
8	Shared Dispositive Power 914,510.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,393,790.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.1 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Universal Display Corp
(b)	Address of issuer's principal executive offices: 250 PHILLIPS BOULEVARD, EWING, NJ, 08618
Item 2.
(a)	Name of person filing: Kayne Anderson Rudnick Investment Management, LLC
(b)	Address or principal business office or, if none, residence: 2000 Avenue of the Stars, Suite 1110, Los Angeles, 90067, CA, United States
(c)	Citizenship: CALIFORNIA
(d)	Title of class of securities: Universal Display Ord Shs
(e)	CUSIP No.: 91347P105
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 3,393,790
(b)	Percent of class: 7.1 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2,457,158
	(ii) Shared power to vote or to direct the vote: 914,510
	(iii) Sole power to dispose or to direct the disposition of: 2,479,280
	(iv) Shared power to dispose or to direct the disposition of: 914,510
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Kayne Anderson Rudnick Investment Management, LLC

Signature:	/s/Michael Shoemaker
Name/Title:	Chief Compliance Officer
Date:	02/13/2026

FAQ

What stake in Universal Display Corp (OLED) does Kayne Anderson report?

Kayne Anderson Rudnick Investment Management, LLC reports beneficial ownership of 3,393,790 Universal Display ordinary shares, representing 7.1% of the outstanding class. This level of ownership makes the firm a significant shareholder under beneficial ownership disclosure rules.

How much voting power does Kayne Anderson have in Universal Display (OLED)?

Kayne Anderson reports sole voting power over 2,457,158 shares and shared voting power over 914,510 shares of Universal Display. Voting power indicates how many shares the firm can use to vote on shareholder matters, either alone or jointly.

What dispositive power over Universal Display (OLED) shares does Kayne Anderson hold?

Kayne Anderson reports sole dispositive power over 2,479,280 shares and shared dispositive power over 914,510 shares. Dispositive power reflects the authority to sell or otherwise dispose of the shares, either independently or together with others.

Why did Kayne Anderson file an amended Schedule 13G for Universal Display (OLED)?

The amended Schedule 13G (Amendment No. 2) discloses updated beneficial ownership information for Universal Display shares as of 12/31/2025. It confirms a 7.1% ownership stake and provides detailed voting and dispositive power figures required once holdings exceed 5%.

Is Kayne Anderson seeking control of Universal Display Corp (OLED)?

The filer certifies the Universal Display shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the company, nor in connection with any transaction intended to have that effect.