Hamilton Sue Ann 4

What Happened

• Sue Ann Hamilton, a director of Universal Electronics Inc. (UEIC), converted (exercised/settled) 18,437 restricted stock units (RSUs) into common shares on 2026-05-19. The shares were recorded as disposed at $0.00, indicating no cash proceeds to the reporting person; the shares are held in the Sue Ann R. Hamilton Trust (she disclaims beneficial ownership).

Key Details

• Transaction date: 2026-05-19; Form 4 filed: 2026-05-21.
• Derivative conversion: 18,437 RSUs converted to 18,437 shares (exercise/conversion code M).
• Disposal line shows 18,437 shares at $0.00 (derivative) — consistent with transfer to a trust rather than a market sale.
• Footnotes: F1 — each RSU equals a contingent right to one share; F2 — shares are held in the Sue Ann R. Hamilton Trust and Ms. Hamilton disclaims ownership; F3 — these 18,437 RSUs were granted 2025-07-01 and vest per the stated schedule.
• Shares owned after the transaction are not reported in this filing.
• Filing appears timely (reported within two business days of the transaction).

Context

• This was a conversion/settlement of RSUs rather than an open-market sale or purchase. The $0.00 disposition typically reflects an internal transfer (e.g., to a trust or for tax/administrative settlement) and does not represent a sale for cash proceeds.
• Such transfers do not necessarily indicate the insider's market view; they often reflect vesting, tax withholding arrangements, or estate planning.