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Universal Electronics (NASDAQ: UEIC) group led by Toro 18 reports 200,000-share sale

(Very High)
(Negative)
Form Type
4

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.

Positive

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Negative

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Insights

Analyzing...

Insider TORO 18 HOLDINGS LLC, Singer Eric, IMMERSION CORP, MARTIN WILLIAM C
Role 10% Owner | Director, 10% Owner | 10% Owner | 10% Owner
Sold 200,000 shs ($1.04M)
Type Security Shares Price Value
Sale Common Stock F1, F2, F3 200,000 $5.2222 $1.04M
holding Common Stock F1, F4 -- -- --
Holdings After Transaction: Common Stock — 1,456,648 shares (Direct)
Footnotes (4)
  1. 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.
  2. 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.
  3. 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.
  4. F4. Securities held directly by Mr. Singer.
Shares sold 200,000 shares Common Stock sold by Toro 18 Holdings LLC on 2026-08-10
Weighted average sale price $5.2222 per share Average price for the 200,000-share sale of Common Stock
Sale price range low $5.13 per share Lowest individual sale price within the reported transaction range
Sale price range high $5.445 per share Highest individual sale price within the reported transaction range
Net shares sold in period 200,000 shares Net buy/sell shares for this Form 4 transaction set
weighted average sale price financial
"This represents the weighted average sale price of the shares sold."
Section 13(d) regulatory
"member of a group for purposes of Section 13(d) of the Securities Exchange Act"
beneficial ownership financial
"Each of the Reporting Persons disclaims beneficial ownership of the securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest"
Rule 10b5-1 regulatory
"The transactions were not reported as made under a Rule 10b5-1 trading plan."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

What insider transaction did UEIC report in this Form 4?

UEIC insiders reported that Toro 18 Holdings LLC sold 200,000 shares of Common Stock on 2026-08-10. The sale was reported as a direct holding transaction by Toro 18, part of a group owning over 10% of UEIC.

At what price were the 200,000 UEIC shares sold by Toro 18 Holdings LLC?

The 200,000 UEIC shares were sold at a weighted average price of $5.2222 per share. Individual sale prices during the transaction ranged from $5.13 to $5.445, according to the reported footnote disclosure.

Who are the reporting persons in the UEIC Form 4 dated 2026-08-10?

The reporting persons are Toro 18 Holdings LLC, Immersion Corporation, William C. Martin, and Eric Singer. They are part of a Section 13(d) group that collectively beneficially owns over 10% of UEIC’s outstanding Common Stock.

Does the UEIC Form 4 indicate transactions under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan, indicating the reported 200,000-share sale was not designated as pursuant to a Rule 10b5-1 trading plan.

How is ownership of the sold UEIC shares attributed among the reporting persons?

The Common Stock is owned directly by Toro 18 Holdings LLC. Immersion Corporation, William C. Martin, and Eric Singer may be deemed to beneficially own these securities through Toro 18, but each disclaims beneficial ownership beyond any pecuniary interest.

What additional UEIC holdings are disclosed for Eric Singer?

A separate entry notes securities held directly by Eric Singer in UEIC Common Stock. The filing associates these holdings with Singer individually, distinct from the 200,000-share sale made through Toro 18 Holdings LLC.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
TORO 18 HOLDINGS LLC

(Last)(First)(Middle)
2999 NE 191ST ST, STE 610

(Street)
AVENTURA FLORIDA 33180

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
UNIVERSAL ELECTRONICS INC [ UEIC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock(1)08/10/2026S200,000D$5.2222(2)1,344,647D(3)
Common Stock(1)112,001D(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
TORO 18 HOLDINGS LLC

(Last)(First)(Middle)
2999 NE 191ST ST, STE 610

(Street)
AVENTURA FLORIDA 33180

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Singer Eric

(Last)(First)(Middle)
C/O IMMERSION CORPORATION
2999 NE 191ST ST, STE 610

(Street)
AVENTURA FLORIDA 33180

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
IMMERSION CORP

(Last)(First)(Middle)
2999 NE 191ST ST, STE 610

(Street)
AVENTURA FLORIDA 33180

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
MARTIN WILLIAM C

(Last)(First)(Middle)
C/O IMMERSION CORPORATION
2999 NE 191ST ST, STE 610

(Street)
AVENTURA FLORIDA 33180

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. 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.
2. 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.
3. 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.
4. Securities held directly by Mr. Singer.
Remarks:
/s/ Toro 18 Holdings LLC, Immersion Corporation, William C. Martin and Eric Singer, in each case by Ryan Hochgesang, pursuant to Limited Power of Attorney dated August 11, 202608/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)