[Form 4] Universal Electronics Inc Insider Trading Activity

Rhea-AI Filing Summary

Perfect Moment Ltd. (PMNT) – Form 4 insider transaction

On 30 June 2025, reporting person Reeve Benaron—identified on the filing as a 10% owner—purchased 1,000,000 shares of Perfect Moment Ltd. common stock at $0.30 per share (Transaction Code P). The shares were acquired indirectly through Kahala19 LLC, an entity managed by the reporting person.

Following the purchase, Benaron’s indirect beneficial ownership increased to 5,851,995 shares. This total includes 861,995 common shares that could be issued upon conversion of 172,399 shares of the company’s 12% Series AA Convertible Preferred Stock already held by Kahala19 LLC. The preferred stock is convertible at the holder’s option without additional consideration, subject to customary adjustment mechanisms.

The Form 4 reports no sales or derivative security transactions, and no transactions were executed under a Rule 10b5-1 trading plan.

Insights

Securities Analyst

TL;DR: 10% owner Reeve Benaron bought 1 M PMNT shares at $0.30, lifting indirect stake to 5.85 M shares.

The filing shows open‐market (Code P) accumulation by a control shareholder. A $300 k cash outlay at a micro-cap price point signals confidence in valuation and liquidity. Ownership now exceeds 5.8 M shares, augmented by convertible preferred that could further increase voting power upon conversion. No concurrent sales or hedging instruments were disclosed, and the purchase was not under a pre-arranged 10b5-1 plan, underscoring discretionary intent. While insider buying is generally viewed as bullish, investors should weigh the relatively small dollar value versus the company’s total float and the dilutive potential of outstanding preferred shares.

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
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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^*

MUTCH JOHN

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

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	07/01/2025		M		5,137	A	(1)	5,137	I(2)	John Mutch Trust

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)	07/01/2025		M			5,137	(3)	(3)	Common Stock	5,137	$0	0	D
Restricted Stock Units	(1)	07/01/2025		A		18,437		(4)	(4)	Common Stock	18,437	$0	18,437	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 John Mutch Sole and Separate Property Trust. Mr. Mutch disclaims beneficial ownership of the shares.

3. The restricted stock units vest in accordance with the vesting schedule of each RSU grant.

4. Restricted stock units awarded on July 1, 2025 as director compensation and vest on July 1, 2026.

Remarks:

	/s/John Mutch, by Bryan Allison, pursuant to Limited Power of Attorney dated April 17, 2025	07/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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