Universal Electronics (UEIC) group including Eric Singer sells 66,896 shares
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 66,896 shares
Net Sell
4 txns
Insider
TORO 18 HOLDINGS LLC, Singer Eric, IMMERSION CORP, MARTIN WILLIAM C
Role
10% Owner | Director, 10% Owner | 10% Owner | 10% Owner
Sold
66,896 shs ($343K)
| 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 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,389,752 shares (Direct)
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
Total shares sold: 66,896 shares
Shares sold on 2026-08-17: 43,596 shares
Shares sold on 2026-08-18: 15,000 shares
+4 more
7 metrics
Total shares sold
66,896 shares
Aggregate non-derivative common stock sales reported for August 17–19, 2026
Shares sold on 2026-08-17
43,596 shares
Common stock sale with weighted average price of $5.2480
Shares sold on 2026-08-18
15,000 shares
Common stock sale with weighted average price of $4.9463
Shares sold on 2026-08-19
8,300 shares
Common stock sale with weighted average price of $4.8289
Price range Aug 17 sales
$5.12 to $5.57
Range of individual sale prices underlying the weighted average on 2026-08-17
Price range Aug 18 sales
$4.82 to $5.205
Range of individual sale prices underlying the weighted average on 2026-08-18
Price range Aug 19 sales
$4.81 to $4.89
Range of individual sale prices underlying the weighted average on 2026-08-19
Key Terms
weighted average sale price, pecuniary interest, beneficially owns over 10%, Section 13(d) of the Securities Exchange Act of 1934
4 terms
weighted average sale price financial
"This represents the weighted average sale price of the shares sold."
pecuniary interest financial
"disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest"
beneficially owns over 10% regulatory
"collectively beneficially owns over 10% of the Issuer's outstanding shares of Common Stock"
Section 13(d) of the Securities Exchange Act of 1934 regulatory
"a group for purposes of Section 13(d) of the Securities Exchange Act of 1934"
Section 13(d) of the Securities Exchange Act of 1934 is a U.S. rule that requires anyone who buys more than 5% of a public company’s shares to publicly disclose who they are, how many shares they own, and their intentions toward the company. For investors, this is like a neighborhood alert when someone acquires a large stake in a building: it reveals potential changes in control or strategy that could affect the stock’s price, governance, or future direction.
FAQ
What is Eric Singer’s role in relation to Universal Electronics (UEIC)?
Eric Singer is identified as a director of UEIC and an officer of Toro 18 Holdings LLC. A separate holding entry notes securities held directly by Mr. Singer, while other footnoted shares are owned by Toro 18, with Singer potentially deemed a beneficial owner through that entity.
AI-generated analysis. How Rhea-AI works. Not financial advice.