Universal Electrs Inc SEC Filings

Universal Electronics Inc. (UEIC) furnished a press release reporting results for the quarter ended September 30, 2025, as Exhibit 99.

The Board authorized management to continue the October 2023 share repurchase program, permitting buybacks up to the lesser of $3.5 million or 778,362 shares. Repurchases may occur from time to time via open‑market and/or privately negotiated transactions, including plans under Rule 10b5‑1, and can be discontinued at any time.

Universal Electronics Inc. interim CFO Ho Sui Man filed an Initial Statement of Beneficial Ownership reporting direct ownership of 14,713 shares of common stock and 11,850 unvested restricted stock units (RSUs) across three grants.

The filing lists RSU grants dated May 23, 2023 (5,250 total, 1,750 unvested), June 17, 2024 (5,400 total, 3,600 unvested) and May 13, 2025 (6,500 unvested), each subject to three-year ratable vesting schedules. The Form 3 covers the event dated 09/12/2025.

Universal Electronics appointed Sui Man Ho (aka Raymond Ho) as Interim Chief Financial Officer, principal financial officer and principal accounting officer effective immediately. Mr. Ho, age 53, has been Senior Vice President, Finance since May 2025 and has worked at the company since April 2011 in progressively senior finance roles in Asia and global operations. He is a Hong Kong CPA and holds a BBA and an EMBA. The company will increase his base salary to $341,250 (a 5% raise) and set a $25,000 target bonus subject to performance, and expects to enter its standard indemnification agreement with him.

Amendment No. 2 to a Schedule 13D reports that Kent Lake Partners LP, Kent Lake PR LLC and Benjamin Natter beneficially own a combined 990,870 shares of Universal Electronics Inc. (UEIC), representing approximately 7.4% of the company based on 13,336,969 shares outstanding as of August 5, 2025. The filing states the shares were acquired in open-market purchases using working capital and the aggregate purchase price for the 990,870 shares is approximately $8,850,076, including commissions.

The filing amends Item 3 to disclose the source and amount of funds and amends Item 5 to restate the Reporting Persons' aggregate ownership and voting and investment power. Exhibit 1 is added to detail the transactions in the shares.

Bryan M. Hackworth, SVP and CFO of Universal Electronics Inc. (UEIC), filed a Form 4 reporting equity activity tied to compensation on 08/07/2025 and 08/09/2025. The form shows vesting-related acquisitions of 2,334 and 1,346 restricted stock units (RSUs) and withholding dispositions of 1,233 and 711 shares to cover taxes at prices of $6.35 and $5.41. The filing lists changing indirect beneficial ownership figures of 71,105, 69,872, 71,218 and 70,507 shares held via the Hackworth Living Trust.

The report also discloses aggregate equity awards and holdings: 18,036 RSUs, 116,235 performance stock units (PSUs), and 115,760 stock options, all reported as direct holdings, and a listed disposition of 11,200 common shares that appears without additional context. The filing includes a disclaimer that certain shares are held in the Hackworth Living Trust and that Mr. Hackworth disclaims beneficial ownership of those trust-held shares.

Richard K. Carnifax, identified as COO and Interim CEO of Universal Electronics Inc. (UEIC), reported vesting of restricted stock units that resulted in acquisition of common shares on 08/07/2025 and 08/09/2025. The filings show 1,167 RSUs vested on August 7 and 673 RSUs vested on August 9, for a total of 1,840 shares acquired through vesting. A portion of those vested shares were withheld for taxes: 488 shares withheld at $6.35 and 281 shares withheld at $5.41.

The report shows beneficial ownership of common stock following the reported transactions at 13,663 shares (final reported line). Derivative holdings disclosed include an aggregate 9,016 RSUs before the later vesting reducing RSUs to 8,343, 92,433 performance stock units, and 18,465 employee stock options.

David Cheung Hyen Chong, EVP Global Sales of Universal Electronics Inc. (UEIC), reported equity-based compensation activity related to restricted stock units, performance stock units and stock options. He received 1,167 restricted stock units (RSUs) that convert to common shares when they vest and 488 shares were withheld to cover taxes at a price of $6.35 per share. Following the reported transactions, the filing shows 37,101 shares held directly and an additional 5,112 shares held in a tax-deferred annuity (disclaimed for beneficial ownership).

The report also discloses aggregate holdings of derivative awards: 10,332 RSUs in total, 53,217 performance stock units (PSUs), and 19,455 stock options, all reported as beneficially owned by the reporting person. The RSUs, PSUs and options vest according to their respective grant schedules and are exercisable or convertible into common stock under the company’s stock incentive plan.

Ramzi Ammari, Sr. VP, Corporate Planning & Strategy at Universal Electronics Inc. (UEIC), reported vesting-related transactions of restricted stock units on 08/07/2025 and 08/09/2025 that resulted in the issuance of 2,000 and 1,178 shares respectively (total 3,178 shares). To cover tax withholding on those vestings, 837 shares were withheld at $6.35 and 492 shares were withheld at $5.41, reducing the net increase in beneficially owned common stock.

The filing also discloses aggregate equity interests held by Mr. Ammari: 15,533 (reported) and 14,355 (reported) restricted stock units at the two reporting points, 102,432 performance stock units and 97,280 employee stock options, all held directly.