Universal Electronics director reports RSU exercise

UNIVERSAL ELECTRONICS INC director William C. Mulligan reported routine equity compensation activity involving restricted stock units and related common shares.

Rhea-AI Filing Summary

UNIVERSAL ELECTRONICS INC director William C. Mulligan reported routine equity compensation activity involving restricted stock units and related common shares. On the reported date, 18,437 restricted stock units were exercised into 18,437 shares of common stock at a stated price of $0.00 per share. These common shares are held indirectly through The William Mulligan Rev Dec Trust, where he serves as trustee and disclaims ownership of the shares held by the trust.

Following these transactions, Mulligan’s direct holdings of common stock were 2,490 shares, and the trust held 77,104 common shares. The filing also shows that, after this exercise, no restricted stock units from this grant remain outstanding.

Insider Trade Summary

18,437 shares exercised/converted

Exercise 3 txns

Insider MULLIGAN WILLIAM C

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	18,437	$0.00	$0.00
Exercise	Common Stock	18,437	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 77,104 shares (Indirect, The William Mulligan Rev Dec Trust); Common Stock — 2,490 shares (Direct)

Footnotes (3)

1. F1. Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
2. F2. 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. F3. On July 1, 2025, the reporting person was granted 18,437 restricted stock units, with 100% vesting upon the earlier of (i) one year following the date of grant and (ii) immediately prior to the Company's next annual meeting of stockholders.

Key Figures

RSUs exercised: 18,437 units Common shares from RSUs: 18,437 shares Direct common shares after: 2,490 shares +3 more

6 metrics

RSUs exercised 18,437 units Restricted stock units converted to common stock on transaction date

Common shares from RSUs 18,437 shares Common stock received upon RSU exercise

Direct common shares after 2,490 shares Directly held UEIC common stock following transactions

Indirect common shares after 77,104 shares Common shares held in The William Mulligan Rev Dec Trust

Exercise price $0.00 per share Stated price for RSU conversion to common stock

RSU grant size 18,437 units Restricted stock units granted on July 1, 2025

Key Terms

Restricted Stock Units, Exercise or conversion of derivative security, The William Mulligan Rev Dec Trust, disclaims ownership

4 terms

Restricted Stock Units financial

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

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

The William Mulligan Rev Dec Trust financial

"These shares are held in The William Mulligan Rev Dec Trust, William C. Mulligan, Trustee."

disclaims ownership financial

"Mr. Mulligan disclaims ownership of the shares held by the Trust."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did UEIC director William C. Mulligan report in this Form 4?

He reported the exercise of 18,437 restricted stock units into 18,437 shares of Universal Electronics common stock. The filing shows these are compensation-related transactions, with no open-market purchases or sales disclosed in this report.

How many UEIC shares does William C. Mulligan hold after these transactions?

After the reported activity, he directly holds 2,490 shares of Universal Electronics common stock. An additional 77,104 shares are held indirectly in The William Mulligan Rev Dec Trust, where he is trustee but disclaims beneficial ownership.

What are the details of the 18,437 restricted stock units reported by UEIC?

The 18,437 restricted stock units were granted on July 1, 2025 and each unit represents a contingent right to receive one share of UEIC common stock. They vested in full upon a specified time-based or meeting-based condition and were then exercised into common shares.

Were any of William C. Mulligan’s UEIC restricted stock units left outstanding?

According to the filing, no restricted stock units from this grant remain outstanding after the exercise. The derivative holdings table shows zero restricted stock units following the transaction, indicating a full conversion into common shares.

How are the UEIC shares held in The William Mulligan Rev Dec Trust treated?

The filing states that 77,104 UEIC common shares are held in The William Mulligan Rev Dec Trust, with Mr. Mulligan as trustee. It also notes that he disclaims ownership of the shares held by the trust despite serving as trustee.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/21/2026 - 05:54 PM Learn about SEC filing dates

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 ARIZONA 85254

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/19/2026		M		18,437	A	(1)	77,104	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)	05/19/2026		M			18,437	(3)	(3)	Common Stock	18,437	$0	0	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. On July 1, 2025, the reporting person was granted 18,437 restricted stock units, with 100% vesting upon the earlier of (i) one year following the date of grant and (ii) immediately prior to the Company's next annual meeting of stockholders.

Remarks:

	/s/William C. Mulligan, by Bryan Allison, pursuant to Limited Power of Attorney dated June 22, 2024	05/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)