STOCK TITAN

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.

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D/A

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.

Positive

  • None.

Negative

  • None.
Shares outstanding 12,885,062 shares UEIC common stock outstanding as of August 3, 2026
Toro 18 holdings 1,101,832 shares Directly beneficially owned by Toro 18 Holdings LLC, about 8.6% of class
Toro 18 ownership percentage 8.6% Percentage of UEIC common stock based on stated shares outstanding
Eric Singer direct holdings 80,984 shares Directly beneficially owned UEIC shares by Eric Singer
Eric Singer aggregate holdings 1,288,357 shares Singer’s direct shares plus shares he may be deemed to own through Toro 18, about 9.2% of class
Singer aggregate ownership percentage 9.2% Aggregate percentage of UEIC common stock he may be deemed to beneficially own
Toro 18 aggregate purchase price $9,759,633 Cost, including brokerage commissions, for 1,101,832 UEIC shares acquired by Toro 18
Singer purchased shares cost $331,723 Aggregate purchase price, excluding commissions, for 48,890 UEIC shares bought by Singer
Schedule 13D regulatory
"The aggregate percentage of Shares reported owned by each person named herein is based upon"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficially own financial
"Immersion may be deemed to beneficially own the 1,101,832 Shares owned 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.
shared voting power financial
"Shared power to vote or direct vote: 1,101,832"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
dispositive power financial
"Shared power to dispose or direct the disposition: 1,101,832"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
working capital financial
"The Shares purchased by Toro 18 were purchased with working capital"
Working capital is the money a business has available to cover its daily expenses, like paying bills and buying supplies. It’s like the cash in your wallet that helps you handle everyday costs; having enough ensures the business can operate smoothly without running into money shortages.
margin loans financial
"include margin loans made by brokerage firms in the ordinary course of business"
Margin loans are loans from a brokerage that let an investor borrow money using their existing stocks, bonds or cash as collateral to buy more securities. They matter because borrowing magnifies both gains and losses—like using a lever to move a heavier load—so small market moves can have outsized effects on your returns; investors also pay interest and risk a margin call, where the broker may force sales if collateral falls below required levels.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What percentage of UNIVERSAL ELECTRONICS INC (UEIC) does Toro 18 Holdings report owning?

Toro 18 Holdings LLC directly beneficially owns 1,101,832 shares of UEIC common stock, representing approximately 8.6% of the class, based on 12,885,062 shares outstanding as of August 3, 2026.

What is Eric Singer’s total reported stake in UEIC after this Schedule 13D/A?

Eric Singer directly beneficially owns 80,984 shares and may be deemed to beneficially own the 1,101,832 shares held by Toro 18, for an aggregate of 1,288,357 shares, or approximately 9.2% of UEIC’s outstanding common stock.

How many UEIC shares are outstanding according to this filing?

The filing states that 12,885,062 shares of UNIVERSAL ELECTRONICS INC common stock were outstanding as of August 3, 2026, based on the company’s Quarterly Report on Form 10-Q filed on August 6, 2026.

How much did Toro 18 pay for its UEIC shares?

Toro 18 purchased 1,101,832 shares of UEIC in open-market transactions for an aggregate purchase price of approximately $9,759,633, including brokerage commissions, using working capital that may include margin loans.

How were Eric Singer’s UEIC shares acquired and at what cost?

Of Eric Singer’s 80,984 shares, 32,094 shares were awarded for his service as a director of UEIC, and 48,890 shares were bought on the open market with personal funds for an aggregate purchase price of about $331,723, excluding brokerage commissions.

Who has voting and dispositive power over the UEIC shares held by Toro 18?

Toro 18, Immersion, William C. Martin and Eric Singer each report shared power to vote and dispose of the 1,101,832 shares held by Toro 18, and report no sole power over those shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates





913483103

(CUSIP Number)
IAN ENGORON
OLSHAN FROME WOLOSKY LLP, 1325 Avenue of the Americas
New York, NY, 10019
212-451-2300

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
09/10/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


TORO 18 HOLDINGS LLC
Signature:/s/ Eric Singer
Name/Title:Eric Singer, President and CEO
Date:09/11/2026
IMMERSION CORP
Signature:/s/ Eric Singer
Name/Title:Eric Singer, President, CEO and Chairman
Date:09/11/2026
MARTIN WILLIAM C
Signature:/s/ William C. Martin
Name/Title:William C. Martin
Date:09/11/2026
Singer Eric
Signature:/s/ Eric Singer
Name/Title:Eric Singer
Date:09/11/2026

Keep reading