Universal Electronics (UEIC) CEO Jenke Receives 50,000 RSUs

What Happened

• Jenke Wade Michael, CEO and President of Universal Electronics Inc. (UEIC), received a grant of 50,000 restricted stock units (RSUs) on August 31, 2026. The award was recorded at $0.00 per share on the Form 4 (a grant/award, not an open-market purchase or sale).
• Each RSU represents a contingent right to one share of common stock; the grant itself has no immediate cash outlay. The units vest 1/3 on each of the first three anniversaries of the grant date, subject to continued service.

Key Details

• Transaction date: 2026-08-31; reported on Form 4 filed 2026-09-02 (timely filing).
• Transaction type/code: A — Award/Grant of RSUs; price reported: $0.00.
• Shares granted: 50,000 RSUs. Shares owned after the transaction: not specified in the provided filing details.
• Footnote: Grant of RSUs; 1/3 vest on each of the first three anniversaries, contingent on continued service (see footnote F1).
• No mention of tax withholding, 10b5-1 plan, or immediate sale in this filing.

Context

• RSUs are a form of equity compensation: they convert to actual shares only as they vest. This grant does not represent an immediate market purchase or sale and does not directly signal a buy/sell decision by the insider.
• Once vested and delivered as shares, RSUs may be taxable to the recipient and could later be sold in the open market; this filing only reports the grant itself.