Universal Electronics holder sells 66,896 shares
UNIVERSAL ELECTRONICS INC (UEIC) reported insider activity by a group including Toro 18 Holdings LLC, Immersion Corporation, William C. Martin and director Eric Singer.
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Rhea-AI Filing Summary
UNIVERSAL ELECTRONICS INC (UEIC) reported insider activity by a group including Toro 18 Holdings LLC, Immersion Corporation, William C. Martin and director Eric Singer. Toro 18 sold an aggregate 66,896 shares of common stock on August 17–19, 2026 in open-market transactions at weighted average prices around $4.83–$5.25, with specified price ranges. The group reports beneficial ownership of over 10% of UEIC’s common stock and each member disclaims beneficial ownership except to the extent of its or his pecuniary interest. A separate entry notes shares held directly by Mr. Singer.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F5, F3 | 8,300 | $4.8289 | $40K |
| Sale | Common Stock F1, F4, F3 | 15,000 | $4.9463 | $74K |
| Sale | Common Stock F1, F2, F3 | 43,596 | $5.248 | $229K |
| holding | Common Stock F1, F6 | -- | -- | -- |
Footnotes (6)
- 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 $5.12 to $5.57. 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 $4.82 to $5.205. 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. This represents the weighted average sale price of the shares sold. The sale prices ranged from $4.81 to $4.89. 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.
- F6. Securities held directly by Mr. Singer.
Key Figures
Key Terms
weighted average sale price financial
pecuniary interest financial
beneficially owns over 10% regulatory
Section 13(d) of the Securities Exchange Act of 1934 regulatory
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