Director linked to Universal Electronics (UEIC) receives 31,017 stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CHAHIL SATJIV S reported acquisition or exercise transactions in this Form 4 filing.
Universal Electronics Inc. reported that 31,017 shares of Common Stock in the form of restricted stock units were awarded on May 26, 2026 as director compensation. These units vest on the earlier of May 26, 2027 or the date of the next annual stockholders’ meeting.
The award is reported as indirect ownership through the Satjiv Chahil Trust, and Mr. Chahil disclaims ownership of the shares held by the trust. Following this grant, 200,704 shares are reported as indirectly held. This is a routine equity compensation grant rather than an open‑market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CHAHIL SATJIV S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31,017 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 200,704 shares (Indirect, Satjiv Chahil Trust)
Footnotes (1)
- Represents restricted stock units awarded on May 26, 2026 as director compensation and vest on the earlier of (i) May 26, 2027 and (ii) the date of the next annual meeting of stockholders. These shares are held in the Satjiv Chahil Trust. Mr. Chahil disclaims ownership of the shares held by the Trust.
Key Figures
RSUs granted: 31,017 shares
Price per share: $0.00 per share
Post-transaction indirect holdings: 200,704 shares
+1 more
4 metrics
RSUs granted
31,017 shares
Restricted stock units awarded on May 26, 2026 as director compensation
Price per share
$0.00 per share
Reported grant price for the restricted stock unit award
Post-transaction indirect holdings
200,704 shares
Total Common Stock reported as indirectly held after the grant
Vesting date
Earlier of May 26, 2027 or next annual meeting
Vesting condition for the restricted stock units
Key Terms
restricted stock units, director compensation, indirect ownership, Satjiv Chahil Trust, +1 more
5 terms
restricted stock units financial
"Represents restricted stock units awarded on May 26, 2026 as director compensation"
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.
director compensation financial
"restricted stock units awarded on May 26, 2026 as director compensation"
indirect ownership financial
"These shares are held in the Satjiv Chahil Trust"
Satjiv Chahil Trust financial
"These shares are held in the Satjiv Chahil Trust"
disclaims ownership financial
"Mr. Chahil disclaims ownership of the shares held by the Trust"
FAQ
What did Universal Electronics (UEIC) disclose in this Form 4 for Satjiv Chahil?
Universal Electronics reported a grant of 31,017 restricted stock units of Common Stock to director Satjiv Chahil as compensation. The award is held indirectly through the Satjiv Chahil Trust, with total indirect holdings reported at 200,704 shares after the transaction.
When do the new Universal Electronics (UEIC) restricted stock units vest?
The restricted stock units vest on the earlier of May 26, 2027 or the date of Universal Electronics’ next annual meeting of stockholders. This structure ties vesting to either a one‑year period or the company’s shareholder meeting schedule, whichever comes first.
Is the Form 4 transaction for UEIC an open‑market buy or sell by Satjiv Chahil?
No, the Form 4 describes a grant or award acquisition, not an open‑market trade. The 31,017 restricted stock units were issued as director compensation, with a reported price of $0.00 per share, rather than purchased or sold on the market by the director.