Universal Electronics (UEIC) investors update 13D with 11.1% stake and 200,000-share sale
Rhea-AI Filing Summary
Universal Electronics Inc. shareholders Toro 18 Holdings LLC, Immersion Corp, William C. Martin and Eric Singer updated their Schedule 13D to reflect a share sale and current ownership. Toro 18 directly holds 1,344,647 common shares, representing approximately 10.4% of the 12,885,062 shares outstanding as of August 3, 2026. Immersion, as sole member of Toro 18, and Mr. Martin, as its Chief Strategy Officer, may each be deemed to beneficially own these 1,344,647 shares.
Mr. Singer directly owns 80,984 shares and, as President and Chief Executive Officer of Toro 18, may be deemed to beneficially own the 1,344,647 Toro 18 shares, for aggregate beneficial ownership of 1,425,631 shares, or about 11.1% of the company. On August 10, 2026, Toro 18 sold 200,000 shares in open-market transactions at a weighted average price of $5.2222 per share; the filing states these sales were undertaken to offset certain tax liabilities of the reporting persons. The filing also notes Mr. Singer’s equity compensation: 18,437 restricted stock units vested on May 19, 2026, and he was granted 31,017 RSUs on May 26, 2026, each RSU representing a contingent right to receive one share, vesting at the earlier of May 26, 2027 or the next annual stockholder meeting.
Positive
- None.
Negative
- None.
Key Figures
Key Terms
beneficially own financial
restricted stock units financial
dispositive power financial
weighted average price financial
FAQ
How much of Universal Electronics Inc. (UEIC) does Toro 18 Holdings currently beneficially own?
What is Eric Singer’s total reported beneficial ownership in Universal Electronics (UEIC)?
What percentage of Universal Electronics (UEIC) is outstanding, and as of what date?
AI-generated analysis. How Rhea-AI works. Not financial advice.