UNIVERSAL ELECTRONICS INC·4

May 8, 6:06 PM ET

Ammari Ramzi 4

4 · UNIVERSAL ELECTRONICS INC · Filed May 8, 2026

Research Summary

AI-generated summary of this filing

Updated

UNIVERSAL ELECTRONICS (UEIC) Sr. VP Ammari Ramzi Sells 619 Shares

What Happened

  • Ammari Ramzi, Senior Vice President of Corporate Planning & Strategy at Universal Electronics (UEIC), had 2,000 restricted stock units (RSUs) convert to common stock on May 7, 2026, and a subsequent sale of 619 shares on May 8, 2026.
  • The 619 shares were sold in the open market at $4.26 per share for total proceeds of $2,637. The filing shows the RSU conversion/derivative entries (code M) and a disposition entry of 2,000 shares at $0, reflecting the mechanics used to settle taxes/withhold shares in connection with vesting.

Key Details

  • Transaction dates and prices:
    • 2026-05-07: Conversion/exercise of derivative (RSU vesting) — 2,000 shares (no cash paid).
    • 2026-05-08: Open-market sale — 619 shares at $4.26 each; proceeds $2,637.
    • 2026-05-07: A related derivative disposition of 2,000 shares reported at $0 (see notes on withholding).
  • Shares owned after transaction: The filing references an aggregate RSU holding (footnote), but the total shares held after these transactions are not specified in the provided data.
  • Notable footnotes:
    • F1: Each RSU converts to one share of common stock.
    • F2: The 619-share sale was a sell-to-cover to cover applicable taxes/fees and was not a discretionary sale by the reporting person.
    • F3: Ramzi was granted 24,000 RSUs on Feb 7, 2024, vesting over three years (33.33% first anniversary, then quarterly 8.33% thereafter).
    • F4: Indicates an aggregate RSU figure (not detailed here).
  • Filing timeliness: Report filed 2026-05-08 for activity on 2026-05-07 and 2026-05-08 — appears timely (no late filing indicated).

Context

  • These filings reflect RSU vesting and routine sell-to-cover tax withholding rather than an independent, discretionary stock sale. The derivative code M indicates conversion/exercise of awards (here, RSUs) into common shares.
  • For retail investors: sell-to-cover transactions are administrative (to satisfy tax obligations) and generally should not be interpreted as a signal about the insider’s view of the company’s stock.

Insider Transaction Report

Form 4
Period: 2026-05-07
Ammari Ramzi
Sr.VP Corp Planning & Strategy
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-05-07+2,00039,648.43 total
  • Sale

    Common Stock

    [F2]
    2026-05-08$4.26/sh619$2,63739,029.43 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F3][F4]
    2026-05-072,0006,000 total
    Common Stock (2,000 underlying)
Footnotes (4)
  • [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of UEI common stock.
  • [F2]Represents shares sold solely to cover applicable taxes and fees in connection with the vesting of RSUs. This sale was effected pursuant to a sell-to-cover transaction and does not represent a discretionary sale by the Reporting Person.
  • [F3]On February 7, 2024, the Reporting Person was granted 24,000 RSUs, vesting over 3 years with 33.33% vesting on the first anniversary of the grant date and 8.33% vesting on each quarterly anniversary of the grant date thereafter.
  • [F4]This figure represents an aggregate number of RSUs held by the Reporting Person.
Signature
/s/Ramzi Ammari, by Bryan Allison, pursuant to Limited Power of Attorney dated February 10, 2026|2026-05-08

Documents

1 file
  • 4
    wk-form4_1778277986.xmlPrimary

    FORM 4