RSU vesting drives tax-related share sales by UEIC executive (UEIC)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Universal Electronics Inc. senior vice president Ramzi Ammari reported RSU vesting and related tax sales of company stock. On February 7 and 9, 2026, he converted a total of 3,177 restricted stock units into an equal number of common shares at an exercise price of $0 per share.
On February 13, 2026, he sold 590 and 348 shares of common stock at $4.10 per share solely to cover taxes and fees tied to the RSU vesting, described as non-discretionary sell-to-cover transactions. Following these trades, he directly owned 42,564 common shares and 8,000 RSUs in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 938 shares ($3,846)
Net Sell
6 txns
Insider
Ammari Ramzi
Role
Sr.VP Corp Planning & Strategy
Sold
938 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 590 | $4.10 | $2K |
| Sale | Common Stock | 348 | $4.10 | $1K |
| Exercise | Restricted Stock Units | 1,177 | $0.00 | -- |
| Exercise | Common Stock | 1,177 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,000 | $0.00 | -- |
| Exercise | Common Stock | 2,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 41,735 shares (Direct);
Restricted Stock Units — 8,000 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of UEI common stock. Represents shares sold solely to cover applicable taxes and fees in connection with the vesting of RSUs. This sale was effected pursuant to a sell-to-cover transaction and does not represent a discretionary sale by the Reporting Person. On February 7, 2024, the Reporting Person was granted 24,000 RSUs, vesting over 3 years with 33.33% vesting on the first anniversary of the grant date and 8.33% vesting on each quarterly anniversary of the grant date thereafter. This figure represents an aggregate number of RSUs held by the Reporting Person. On February 9, 2023, the Reporting Person was granted 14,135 RSUs, vesting over a 3 year schedule of 33.33% on February 9, 2024, and 8.33% quarterly thereafter.
FAQ
What insider transactions did UEIC executive Ramzi Ammari report on this Form 4?
Ramzi Ammari reported RSU vesting and related stock sales. He converted 3,177 restricted stock units into common shares, then sold 590 and 348 shares at $4.10 each to cover taxes and fees on the vesting.
What RSU awards underpin the reported transactions for Universal Electronics (UEIC)?
The transactions relate to RSUs granted in 2023 and 2024. A 24,000-unit grant from February 7, 2024 and a 14,135-unit grant from February 9, 2023 vest over three years, with 33.33% vesting first and 8.33% vesting quarterly thereafter.
How many RSUs does the Universal Electronics (UEIC) executive still hold?
After the RSU-to-share conversions reported, the executive held 8,000 restricted stock units. Each RSU entitles him to receive one share of Universal Electronics common stock, subject to the remaining vesting schedule and any applicable conditions in the award agreements.