ELIAS RICHARD C 4

What Happened
Richard C. Elias, a director of Universal Display Corp (ticker: OLED), reported gift transactions on 2026-01-30. The Form 4 shows two G-coded entries: a disposition by gift of 341 shares at $0.00 and a corresponding acquisition by gift of 341 shares at $0.00. Both entries are recorded at no cash price (typical for gifts).

Key Details

• Transaction date: 2026-01-30 (reported on Form 4 filed 2026-02-03, accession 0001193125-26-035446)
• Reported transactions: Gift (code G) — 341 shares disposed @ $0.00; 341 shares acquired @ $0.00
• Dollar value: $0 reported for both entries (gifts are non‑cash transfers)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnotes/timing: No 10b5-1 plan, tax‑withholding, or other footnotes shown in the provided data; filing shows the report date but no explicit late‑filing indicator provided

Context
Gifts are transfers of ownership (often to family members, trusts, or charities) and typically do not signal the insider’s view on the company’s stock price. The paired dispose/acquire entries at $0 can reflect an administrative transfer or reclassification; the filing itself contains the factual record but does not explain the recipient or reason. For retail investors, purchases are generally more informative than gifts or routine transfers.