Eric Singer (UEIC) exercises 18,437 RSUs and reports 1.54M indirect shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Universal Electronics Inc. director and ten percent owner Eric Singer exercised 18,437 restricted stock units into an equal number of Common Stock shares, classified as an exercise or conversion of a derivative security. These RSUs were granted on July 1, 2025 and vested upon specified time or meeting conditions.
Following the transaction, Singer holds 80,984 shares of Common Stock directly. A separate holding of 1,544,647 shares of Common Stock is reported as held indirectly by a group through Toro 18 Holdings LLC, for which Singer may be deemed a beneficial owner.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,437 shares exercised/converted
Mixed
3 txns
Insider
Singer Eric
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 18,437 | $0.00 | -- |
| Exercise | Common Stock | 18,437 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 80,984 shares (Direct, null);
Common Stock — 1,544,647 shares (Indirect, By Group)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of UEI common stock. Shares of the Issuer's Common Stock held directly by Toro 18 Holdings LLC ("Toro 18"). Immersion Corporation, as the sole member of Toro 18, may be deemed to beneficially own the shares held directly by Toro 18. William C. Martin, as the Chief Strategy Officer of Toro 18, may be deemed to beneficially own the shares held directly by Toro 18. Eric Singer, as the President and Chief Executive Officer of Toro 18, may be deemed to beneficially own the securities held directly by Toro 18. 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 shares
Direct holdings after transaction: 80,984 shares
Indirect group holdings: 1,544,647 shares
+2 more
5 metrics
RSUs exercised
18,437 shares
Restricted stock units converted to Common Stock on May 19, 2026
Direct holdings after transaction
80,984 shares
Common Stock directly held by Eric Singer following RSU conversion
Indirect group holdings
1,544,647 shares
Common Stock held indirectly by group through Toro 18 Holdings LLC
RSU grant size
18,437 units
Restricted stock units granted on July 1, 2025
Exercise price per RSU
$0.00 per unit
Conversion of restricted stock units into Common Stock
Key Terms
Restricted Stock Units, derivative security, beneficially own, contingent right, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of UEI common stock."
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
"classified as an exercise or conversion of a 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.
beneficially own financial
"may be deemed to beneficially own the shares held directly by Toro 18."
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
contingent right financial
"represents a contingent right to receive one share of UEI common stock."
ten percent owner financial
"the reporting person is identified as a ten percent owner of the issuer."
FAQ
What insider transaction did Eric Singer report at UNIVERSAL ELECTRONICS INC (UEIC)?
Eric Singer reported exercising 18,437 restricted stock units into the same number of Universal Electronics Common Stock shares. The transaction is classified as an exercise or conversion of a derivative security, not an open-market purchase or sale, and reflects equity compensation vesting.
What indirect Universal Electronics (UEIC) holdings are associated with Eric Singer?
The filing reports 1,544,647 shares of Universal Electronics Common Stock held indirectly by a group through Toro 18 Holdings LLC. Singer, as President and Chief Executive Officer of Toro 18, may be deemed to beneficially own the securities that Toro 18 holds directly.
What are the terms of the 18,437 restricted stock units in UEIC’s Form 4?
The 18,437 restricted stock units were granted on July 1, 2025, each representing a contingent right to receive one UEI common share. Vesting occurs 100% upon the earlier of one year after the grant date or immediately before the company’s next annual stockholder meeting.
Does Eric Singer’s Form 4 for UEIC show any stock sales?
The Form 4 does not report any open-market sales of Universal Electronics shares. It shows an exercise or conversion of 18,437 restricted stock units into Common Stock and a separate indirect group holding entry, with no sale transactions coded or described in the filing.
Why is Eric Singer considered a ten percent owner of Universal Electronics (UEIC)?
Eric Singer is identified as a ten percent owner partly due to indirect holdings through Toro 18 Holdings LLC. As President and Chief Executive Officer of Toro 18, he may be deemed to beneficially own the 1,544,647 UEIC shares that Toro 18 holds directly, in addition to his direct holdings.