CHAHIL SATJIV S 4

What Happened Satjiv Chahil, a director of Universal Electronics Inc. (UEIC), received an award of 31,017 restricted stock units (RSUs) on May 26, 2026. The Form 4 reports the acquisition price as $0.00 per share (total reported value $0), reflecting a compensation grant rather than an open-market purchase.

Key Details

• Transaction date: May 26, 2026; Form 4 filed May 28, 2026 (two days later — appears timely).
• Award: 31,017 RSUs granted at $0.00 per share (reported acquisition code A).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes of note:
  • F1: RSUs vest on the earlier of (i) May 26, 2027 or (ii) the date of the next annual meeting of stockholders.
  • F2: These shares are held in the Satjiv Chahil Trust; Mr. Chahil disclaims ownership of shares held by the Trust.
• No indication this was a sale, option exercise, or 10b5-1 plan transaction — it is a director compensation grant.

Context This transaction is a non-cash compensation award typical for board members. Such grants do not represent an open-market purchase or sale and should be interpreted as routine director compensation rather than a direct signal of insider buying or selling intent. The vesting schedule means the economic benefit is deferred until the vesting event(s) noted above.