[Form 4] Universal Electronics Inc Insider Trading Activity

Rhea-AI Filing Summary

Universal Electronics Inc. (UEIC) – Form 4 insider activity dated July 1 2025

Director William C. Mulligan reported several equity transactions:

• Conversion (Code M): 1,250 restricted stock units (RSUs) were converted into an equal number of common shares. These shares are held indirectly through The William Mulligan Revocable Trust, raising the trust’s stake to 58,667 shares.
• Disposition: A separate entry shows a disposition of 2,490 common shares (Code D), but the filing does not provide a transaction date or price.
• New equity award: Mr. Mulligan received 18,437 additional RSUs as director compensation. The award vests in full on July 1 2026; until vesting, the units carry no exercise price and represent a contingent right to common stock.

After the reported transactions Mr. Mulligan beneficially owns 58,667 common shares (indirect) and 18,437 RSUs (direct). No cash proceeds or share prices were disclosed in the filing.

Positive

• Director equity alignment: Grant of 18,437 RSUs increases long-term ownership incentives.
• Net share accumulation: After transactions, Mulligan maintains a sizable 58,667-share indirect stake.

Negative

• Share disposition: Filing lists a 2,490-share sale (Code D) without price disclosure.

Insights

Securities Analyst

TL;DR Neutral: small share conversion, modest sale, large RSU grant aligns director interests but minimal near-term market impact.

The exercise of 1,250 RSUs and simultaneous grant of 18,437 new units slightly increase Mr. Mulligan’s long-run equity exposure, enhancing alignment with shareholders. The disposition of 2,490 shares is minor relative to his aggregate holdings of 58,667 shares and does not materially alter ownership. Dilution from 18,437 RSUs is immaterial against UEIC’s total shares outstanding. Given the limited size and lack of sale price data, the filing is best viewed as routine director compensation disclosure with negligible immediate valuation impact.

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

MULLIGAN WILLIAM C

(Last) (First) (Middle)

15147 N SCOTTSDALE RD STE H300

(Street)

SCOTTSDALE AZ 85254

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
UNIVERSAL ELECTRONICS INC [ UEIC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

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	07/01/2025		M		1,250	A	(1)	58,667	I(2)	The William Mulligan Rev Dec Trust
Common Stock								2,490	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
Restricted Stock Units	(1)	07/01/2025		M			1,250	(3)	(3)	Common Stock	1,250	$0	0	D
Restricted Stock Units	(1)	07/01/2025		A		18,437		(4)	(4)	Common Stock	18,437	$0	18,437	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of UEI common stock.

2. These shares are held in The William Mulligan Rev Dec Trust, William C. Mulligan, Trustee. Mr. Mulligan disclaims ownership of the shares held by the Trust.

3. The restricted stock units vest in accordance with the vesting schedule of each RSU grant.

4. Restricted stock units awarded on July 1, 2025 as director compensation and vest on July 1, 2026.

Remarks:

	/s/William C. Mulligan, by Bryan Allison, pursuant to Limited Power of Attorney dated June 22, 2024	07/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Universal Electronics (UEIC) shares does William C. Mulligan now hold?

He indirectly holds 58,667 common shares in The William Mulligan Revocable Trust.

What new equity award did the UEIC director receive?

Mr. Mulligan received 18,437 restricted stock units on July 1 2025, vesting July 1 2026.

Did the director sell any UEIC shares?

Yes. The Form 4 shows a disposition of 2,490 shares, although no price or exact date is provided.

What was the nature of the 1,250-share acquisition?

It was a Code M conversion of previously granted RSUs into common stock.

Why are restricted stock units listed at $0 exercise price?

RSUs convert to common stock upon vesting without any cash payment, hence a $0 exercise price.