Jenke Wade Michael 4

What Happened
Jenke Wade, Chief Financial Officer of Universal Electronics Inc. (UEIC), was granted 100,000 performance stock units (PSUs) on May 26, 2026. The award is reported as a derivative grant (price $0.00 at grant); these PSUs represent contingent rights to receive one share of UEI common stock per unit if performance and service conditions are met before the expiration date.

Key Details

• Transaction type: Award/Grant (code A) of 100,000 PSUs; reported acquisition amount $0.00 (derivative).
• Grant approved by the Board on May 21, 2026 with grant date May 26, 2026.
• Vesting: Three tranches, each subject to both a stock-price market condition and service conditions; stock-price condition must be met on or by December 30, 2030. Any unvested tranche expires at close of business on December 30, 2030. (See footnotes F1–F2.)
• Shares owned after the transaction: Not disclosed in the provided filing.
• Filing timeliness: Report filed May 28, 2026 for a May 26, 2026 grant — within the typical Section 16 reporting window (timely).

Context
This is a long-dated, performance-based equity award rather than an immediate stock purchase. PSUs only convert to shares if predetermined performance and service conditions are satisfied, so they represent potential future equity rather than current ownership. Such awards are commonly used to align executive compensation with long-term company performance; they do not indicate an immediate market transaction by the insider.