Universal Electronics insider sells 45,919 shares
Entity associated with UEIC director and 10% owner Eric Singer sold 45,919 common shares in open‑market transactions at weighted average prices around $4.56 per share.
Rhea-AI Filing Summary
UNIVERSAL ELECTRONICS INC (UEIC) had open‑market sales of its Common Stock reported by a group of affiliated holders led by Toro 18 Holdings LLC, which is associated with director and 10% owner Eric Singer. On September 2, 2026, Toro 18 sold 42,019 shares at a weighted average price of $4.6144 per share, with prices ranging from $4.54 to $4.78. On September 3, 2026, Toro 18 sold an additional 3,900 shares at a weighted average price of $4.5532 per share, with prices ranging from $4.55 to $4.56. These securities are owned directly by Toro 18; Immersion Corporation, William C. Martin and Eric Singer may be deemed to beneficially own them through their roles with Toro 18, while each reporting person disclaims beneficial ownership except to the extent of pecuniary interest, and no Rule 10b5‑1 trading plan is reported.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F4, F3 | 3,900 | $4.5532 | $18K |
| Sale | Common Stock F1, F2, F3 | 42,019 | $4.6144 | $194K |
| holding | Common Stock F1, F5 | -- | -- | -- |
Footnotes (5)
- 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 collectively beneficially owns 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.
- F2. This represents the weighted average sale price of the shares sold. The sale prices ranged from $4.54 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.
- 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.
- F4. This represents the weighted average sale price of the shares sold. The sale prices ranged from $4.55 to $4.56. 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
- F5. Securities held directly by Mr. Singer.
Key Figures
Key Terms
weighted average sale price financial
beneficially owns over 10% regulatory
pecuniary interest financial
Section 13(d) regulatory
FAQ
Was a Rule 10b5-1 trading plan used for these UEIC insider sales?
What is Eric Singer’s relationship to Universal Electronics Inc. (UEIC)?
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