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RSU vesting drives tax-related share sales by UEIC executive (UEIC)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
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*
Ammari Ramzi

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr.VP Corp Planning & Strategy
3. Date of Earliest Transaction (Month/Day/Year)
02/07/2026
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 02/07/2026 M 2,000 A (1) 42,325 D
Common Stock 02/13/2026 S 590(2) D $4.1 41,735 D
Common Stock 02/09/2026 M 1,177 A (1) 42,912 D
Common Stock 02/13/2026 S 348(2) D $4.1 42,564 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) 02/07/2026 M 2,000 (3) (3) Common Stock 2,000 $0 9,177(4) D
Restricted Stock Units (1) 02/09/2026 M 1,177 (5) (5) Common Stock 1,177 $0 8,000(4) D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of UEI common stock.
2. 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.
3. 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.
4. This figure represents an aggregate number of RSUs held by the Reporting Person.
5. 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.
Remarks:
/s/Ramzi Ammari, by Bryan Allison, pursuant to Limited Power of Attorney dated May 7, 2024 02/13/2026
** 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.

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.

Were the Universal Electronics (UEIC) share sales discretionary by the insider?

The filing states the sales were not discretionary. Shares sold on February 13, 2026 were executed as sell-to-cover transactions solely to pay applicable taxes and fees arising from RSU vesting, rather than elective open-market profit-taking.

How many Universal Electronics (UEIC) shares does Ramzi Ammari hold after these transactions?

After the reported transactions, Ramzi Ammari directly held 42,564 shares of Universal Electronics common stock. In addition, he beneficially owned 8,000 restricted stock units, each representing a contingent right to receive one share of UEI common stock.

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.

At what price were Universal Electronics (UEIC) shares sold in the Form 4 filing?

The reported sales on February 13, 2026 occurred at $4.10 per share. These involved 590 and 348 shares of UEI common stock, sold to cover taxes and fees triggered by the vesting and settlement of previously granted restricted stock units.

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.
Universal Electrs Inc

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55.07M
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72.03%
0.68%
Consumer Electronics
Household Audio & Video Equipment
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United States
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