Universal Electronics (NASDAQ: UEIC) group led by Toro 18 reports 200,000-share sale
Rhea-AI Filing Summary
Toro 18 Holdings LLC, as part of a Section 13(d) group that collectively beneficially owns over 10% of UNIVERSAL ELECTRONICS INC, reported selling 200,000 shares of Common Stock on 2026-08-10 at a weighted average price of $5.2222 per share, with sale prices ranging from $5.13 to $5.445. The shares 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 and each disclaims beneficial ownership beyond any pecuniary interest. A separate entry reflects Common Stock held directly by Eric Singer. The transactions were not reported as made under a Rule 10b5-1 trading plan.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 200,000 | $5.2222 | $1.04M |
| holding | Common Stock F1, F4 | -- | -- | -- |
Footnotes (4)
- 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 $5.13 to $5.445. 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. Securities held directly by Mr. Singer.
Key Figures
Key Terms
weighted average sale price financial
Section 13(d) regulatory
beneficial ownership financial
pecuniary interest financial
Rule 10b5-1 regulatory
FAQ
What insider transaction did UEIC report in this Form 4?
Who are the reporting persons in the UEIC Form 4 dated 2026-08-10?
Does the UEIC Form 4 indicate transactions under a Rule 10b5-1 plan?
What additional UEIC holdings are disclosed for Eric Singer?
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