Universal Electronics (UEIC) director converts 18,437 RSUs into common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Universal Electronics Inc. director Michael D. Burger exercised 18,437 restricted stock units into common shares. The units converted into an equal number of common shares at no cash cost, increasing his direct holdings to 23,156 shares. These 18,437 restricted stock units were originally granted on July 1, 2025, with 100% vesting upon the earlier of one year from grant or immediately before the company’s next annual meeting of stockholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,437 shares exercised/converted
Mixed
2 txns
Insider
BURGER MICHAEL D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 18,437 | $0.00 | -- |
| Exercise | Common Stock | 18,437 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 23,156 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of UEI common stock. On July 1, 2025, the reporting person was granted 18,437 restricted stock units, with 100% vesting upon the earlier of (i) one year following the date of grant and (ii) immediately prior to the Company's next annual meeting of stockholders.
Key Figures
RSUs exercised: 18,437 units
Post-transaction holdings: 23,156 shares
Exercise price: $0.00 per share
+1 more
4 metrics
RSUs exercised
18,437 units
Restricted stock units converted to common stock on May 19, 2026
Post-transaction holdings
23,156 shares
Common stock directly held by Michael D. Burger after exercise
Exercise price
$0.00 per share
Non-cash conversion of restricted stock units into common stock
RSU grant size
18,437 units
Restricted stock units granted on July 1, 2025
Key Terms
Restricted Stock Units, derivative security, vesting, annual meeting of stockholders
4 terms
Restricted Stock Units financial
"On July 1, 2025, the reporting person was granted 18,437 restricted stock units"
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"with 100% vesting upon the earlier of (i) one year following the date of grant"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual meeting of stockholders financial
"and (ii) immediately prior to the Company's next annual meeting of stockholders"
FAQ
What insider transaction did Universal Electronics (UEIC) report for Michael D. Burger?
Universal Electronics reported that director Michael D. Burger exercised 18,437 restricted stock units into common stock. This non-cash conversion increased his direct holdings and reflects previously granted equity compensation vesting into company shares.
What was the size of the restricted stock unit grant to Michael D. Burger at Universal Electronics (UEIC)?
Michael D. Burger was granted 18,437 restricted stock units of Universal Electronics common stock on July 1, 2025. Each unit represented a contingent right to receive one share of common stock upon satisfaction of the vesting conditions.
When did Michael D. Burger’s restricted stock units in Universal Electronics (UEIC) vest?
The 18,437 restricted stock units granted to Michael D. Burger vested 100% upon the earlier of one year after the July 1, 2025 grant date or immediately before the company’s next annual meeting of stockholders, triggering delivery of common shares.