STOCK TITAN

Universal Electronics holder sells 130,000 shares

Director Eric Singer’s group sold 130,000 UEIC shares and is no longer a 10% beneficial owner, changing its reporting status.

(High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

UNIVERSAL ELECTRONICS INC (UEIC) had shares of its Common Stock sold by Toro 18 Holdings LLC, an entity associated with director Eric Singer and other reporting persons that formed a Section 13(d) group.

The group previously collectively beneficially owned over 10% of the outstanding Common Stock but, following these sales, no longer exceeds 10%, so Toro 18, Immersion Corporation and William C. Martin will cease to be reporting persons. Eric Singer will continue to file ownership reports for his and the related entities’ transactions to the extent required by law. No Rule 10b5-1 trading plan is reported.

Positive

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Negative

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Insights

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Insider TORO 18 HOLDINGS LLC, Singer Eric, IMMERSION CORP, MARTIN WILLIAM C
Role Insider | Director | Insider | Insider
Sold 130,000 shs ($603K)
Type Security Shares Price Value
Sale Common Stock F1, F4, F3 105,541 $4.6302 $489K
Sale Common Stock F1, F2, F3 24,459 $4.6649 $114K
holding Common Stock F1, F5 -- -- --
Holdings After Transaction: Common Stock — 1,213,833 shares (Direct)
Footnotes (5)
  1. F1. This Form 4 is filed jointly by Toro 18 Holdings LLC ("Toro 18"), Immersion Corporation ("Immersion"), William C. Martin and Eric Singer (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a group for purposes of Section 13(d) of the Securities Exchange Act of 1934 that previously collectively beneficially owned over 10% of the Issuer's outstanding shares of Common Stock. Mr. Singer also serves on the board of directors of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
  2. F2. This represents the weighted average sale price of the shares sold. The sale prices ranged from $4.62 to $4.78. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares at each separate price within the range set forth in the immediately preceding sentence.
  3. F3. Securities owned directly by Toro 18. Immersion, as the sole member of Toro 18, may be deemed to beneficially own the securities owned directly by Toro 18. Mr. Martin, as an officer of Toro 18, may be deemed to beneficially own the securities owned directly by Toro 18. Mr. Singer, as an officer of Toro 18, may be deemed to beneficially own the securities owned directly by Toro 18.
  4. F4. This represents the weighted average sale price of the shares sold. The sale prices ranged from $4.60 to $4.685. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares at each separate price within the range set forth in the immediately preceding sentence
  5. F5. Securities held directly by Mr. Singer.
Shares sold September 10, 2026 24,459 shares Common Stock sold by Toro 18 at a weighted average price on September 10, 2026
Weighted average sale price September 10, 2026 $4.6649 per share UEIC Common Stock, prices ranged from $4.62 to $4.78
Shares sold September 11, 2026 105,541 shares Common Stock sold by Toro 18 at a weighted average price on September 11, 2026
Weighted average sale price September 11, 2026 $4.6302 per share UEIC Common Stock, prices ranged from $4.60 to $4.685
Total shares sold in reported transactions 130,000 shares Aggregate of the two reported Common Stock sales
Prior beneficial ownership threshold Over 10% of outstanding Common Stock Group’s collective beneficial ownership before the reported sales
beneficial ownership financial
"collectively beneficially owned over 10% of the Issuer's outstanding shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 13(d) regulatory
"member of a group for purposes of Section 13(d) of the Securities"
A Section 13(d) filing is a public disclosure required under U.S. securities law when a person or group acquires more than 5% of a company’s registered equity and may influence control. The filer must report who owns the shares, how they were acquired, and any plans or intentions for the company, so the market and other shareholders can see if a large buyer is attempting a takeover or other strategic move. Think of it like a formal announcement that someone has crossed a threshold and is showing their hand.
weighted average sale price financial
"This represents the weighted average sale price of the shares sold."
pecuniary interest financial
"disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest"

FAQ

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

What insider transactions in UEIC stock were reported on this Form 4?

The filing reports two sales totaling 130,000 shares of UNIVERSAL ELECTRONICS INC Common Stock by Toro 18 Holdings LLC on September 10 and 11, 2026, at weighted average prices around $4.66 and $4.63 per share, respectively.

Who conducted the UEIC share sales reported in this Form 4?

The sales were of Common Stock owned directly by Toro 18 Holdings LLC. Immersion Corporation, William C. Martin and Eric Singer may be deemed to beneficially own those shares through their roles with Toro 18, but each disclaims beneficial ownership beyond any pecuniary interest.

How many UEIC shares were sold on each transaction date?

On September 10, 2026, Toro 18 sold 24,459 shares at a weighted average price of $4.6649. On September 11, 2026, it sold 105,541 shares at a weighted average price of $4.6302, for a total of 130,000 shares sold.

What price ranges applied to the UEIC stock sales in this filing?

For the September 10, 2026 sale of 24,459 shares, the prices ranged from $4.62 to $4.78 per share. For the September 11, 2026 sale of 105,541 shares, the prices ranged from $4.60 to $4.685 per share, with reported weighted average prices for each day.

How did these transactions affect the UEIC group’s 10% beneficial ownership status?

After these sales, the reporting group ceased to collectively beneficially own over 10% of UNIVERSAL ELECTRONICS INC’s outstanding Common Stock. As a result, Toro 18, Immersion Corporation, and William C. Martin will no longer be reporting persons on future Forms 4 for UEIC.

Will Eric Singer continue filing Form 4s for UEIC?

Yes. The filing states that Eric Singer will continue filing Form 4s regarding his own, Toro 18’s, and Immersion’s transactions in UNIVERSAL ELECTRONICS INC securities to the extent required by applicable law, even though the group is no longer a 10% beneficial owner.

Were the UEIC insider sales made under a Rule 10b5-1 trading plan?

No. The document-level Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote stating that these sales were made pursuant to a Rule 10b5-1 trading plan, indicating no such plan is reported for these transactions.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
TORO 18 HOLDINGS LLC

(Last)(First)(Middle)
2999 NE 191ST ST, STE 610

(Street)
AVENTURA FLORIDA 33180

(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)
Director10% Owner
Officer (give title below)XOther (specify below)
See Explanation of Responses
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock(1)09/10/2026S24,459D$4.6649(2)1,207,373D(3)
Common Stock(1)09/11/2026S105,541D$4.6302(4)1,101,832D(3)
Common Stock(1)112,001D(5)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
TORO 18 HOLDINGS LLC

(Last)(First)(Middle)
2999 NE 191ST ST, STE 610

(Street)
AVENTURA FLORIDA 33180

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
Director10% Owner
Officer (give title below)XOther (specify below)
See Explanation of Responses
1. Name and Address of Reporting Person*
Singer Eric

(Last)(First)(Middle)
C/O IMMERSION CORPORATION
2999 NE 191ST ST, STE 610

(Street)
AVENTURA FLORIDA 33180

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirector10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
IMMERSION CORP

(Last)(First)(Middle)
2999 NE 191ST ST, STE 610

(Street)
AVENTURA FLORIDA 33180

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
Director10% Owner
Officer (give title below)XOther (specify below)
See Explanation of Responses
1. Name and Address of Reporting Person*
MARTIN WILLIAM C

(Last)(First)(Middle)
C/O IMMERSION CORPORATION
2999 NE 191ST ST, STE 610

(Street)
AVENTURA FLORIDA 33180

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
Director10% Owner
Officer (give title below)XOther (specify below)
See Explanation of Responses
Explanation of Responses:
1. This Form 4 is filed jointly by Toro 18 Holdings LLC ("Toro 18"), Immersion Corporation ("Immersion"), William C. Martin and Eric Singer (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a group for purposes of Section 13(d) of the Securities Exchange Act of 1934 that previously collectively beneficially owned over 10% of the Issuer's outstanding shares of Common Stock. Mr. Singer also serves on the board of directors of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
2. This represents the weighted average sale price of the shares sold. The sale prices ranged from $4.62 to $4.78. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares at each separate price within the range set forth in the immediately preceding sentence.
3. Securities owned directly by Toro 18. Immersion, as the sole member of Toro 18, may be deemed to beneficially own the securities owned directly by Toro 18. Mr. Martin, as an officer of Toro 18, may be deemed to beneficially own the securities owned directly by Toro 18. Mr. Singer, as an officer of Toro 18, may be deemed to beneficially own the securities owned directly by Toro 18.
4. This represents the weighted average sale price of the shares sold. The sale prices ranged from $4.60 to $4.685. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares at each separate price within the range set forth in the immediately preceding sentence
5. Securities held directly by Mr. Singer.
Remarks:
Following the transactions reported herein, the Reporting Persons ceased to collectively beneficially own over 10% of the Issuer's outstanding shares of Common Stock. Accordingly, Toro 18, Immersion and Mr. Martin shall cease to be Reporting Persons following the filing of this Form 4. Mr. Singer will continue filing Form 4s with respect to his, Toro 18's and Immersions transactions in securities of the Issuer to the extent required by applicable law.
/s/ Toro 18 Holdings LLC, Immersion Corporation, William C. Martin and Eric Singer, in each case by Ryan Hochgesang, pursuant to Limited Power of Attorney dated August 11, 202609/11/2026
** Signature of Reporting PersonDate
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)

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