ABRAMSON STEVEN V 4

What Happened

• Steven V. Abramson, President, CEO and Director of Universal Display (OLED), was granted 16,782 restricted stock units on Feb 17, 2026 (award = $0).
• On Feb 18, 2026, 1,963 shares were disposed (withheld) to satisfy tax withholding at a reported price of $119.92/share, equal to ~$235,403. The withholding was tied to the vesting of previously granted restricted shares.

Key Details

• Transaction dates and prices:
  • 2026-02-17: Award (code A) — 16,782 units granted at $0.00.
  • 2026-02-18: Tax withholding (code F) — 1,963 shares withheld/disposed at $119.92/share (~$235,403).
• Vesting terms: The 16,782-unit award is subject to time-based restrictions — one‑third vests each Feb 17 in 2027, 2028 and 2029 (per footnote).
• Tax withholding note: The withheld 1,963 shares satisfied tax liability in connection with the vesting on Feb 18, 2026 of 4,593 previously granted restricted shares.
• Other holdings: Filing references small ESPP purchases (73 and 15 shares from 2025) but the filing does not state total shares beneficially owned after these transactions.
• Filing timeliness: Report filed 2026-02-19 for transactions on 2/17 and 2/18 — consistent with standard Form 4 reporting timing (not indicated as late).

Context

• This was primarily an award of restricted stock units (a compensation grant), not an open-market buy or sale. Such grants are routine executive compensation and vest over time; the share disposition was a tax-withholding action, not an opportunistic sale.