Premutico Mauro 4

What Happened
Mauro Premutico, Senior Vice President and Chief Legal Officer of Universal Display (OLED), had 1,151 shares withheld (disposed) to satisfy tax withholding obligations tied to the vesting of restricted stock. The shares were valued at $101.52 each for a total of $116,850 on March 4, 2026. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: March 4, 2026 — 1,151 shares at $101.52 per share (total $116,850).
• Nature of transaction: Tax withholding to satisfy tax liability upon vesting (Form 4 code F).
• Footnote: The shares were withheld to satisfy taxes on the vesting of 2,081 restricted shares granted to the reporting person.
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Report filed March 6, 2026 (timely under Form 4 rules).

Context
Tax-withholding dispositions are routine and typically reflect the administrative step of covering tax obligations when restricted stock vests; they are not the same as a voluntary open-market sale and don't necessarily indicate a change in the insider's view of the company. The filing simply documents that 1,151 of the 2,081 vested restricted shares were surrendered/withheld to cover taxes.