Universal Electronics holder reports 9.2% stake
Amendment No. 7 reports a Toro 18–led group holding about 8.6–9.2% of Universal Electronics’ common stock.
Rhea-AI Filing Summary
UNIVERSAL ELECTRONICS INC (UEIC) is the subject of an Amendment No. 7 to a Schedule 13D reporting updated ownership by a group led by Toro 18 Holdings LLC, Immersion Corp, William C. Martin and Eric Singer. Toro 18 directly beneficially owns 1,101,832 shares of common stock, representing approximately 8.6% of the 12,885,062 shares outstanding as of August 3, 2026. Immersion, as sole member of Toro 18, and William C. Martin, as Chief Strategy Officer of Toro 18, may each be deemed to beneficially own the same 1,101,832 shares. Eric Singer directly beneficially owns 80,984 shares and, as President and Chief Executive Officer of Toro 18, may be deemed to beneficially own the 1,101,832 Toro 18 shares, for an aggregate of 1,288,357 shares, or approximately 9.2% of the class. The filing details that Toro 18’s shares were acquired in open-market purchases for an aggregate cost of about $9.76 million, while Singer’s purchased shares cost about $331,723, and it outlines shared voting and dispositive power over the Toro 18 position. The reporting persons disclaim beneficial ownership of securities they do not directly own.
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Key Terms
Schedule 13D regulatory
beneficially own financial
dispositive power financial
working capital financial
margin loans financial
FAQ
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What percentage of UNIVERSAL ELECTRONICS INC (UEIC) does Toro 18 Holdings report owning?
What is Eric Singer’s total reported stake in UEIC after this Schedule 13D/A?
AI-generated analysis. How Rhea-AI works. Not financial advice.