BROWN JULIA J 4
4 · UNIVERSAL DISPLAY CORP \PA\ · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Universal Display (OLED) EVP Julia J Brown Receives Award (Tax Withheld)
What Happened Julia J. Brown, EVP and Chief Technical Officer of Universal Display Corp. (OLED), had 741 shares withheld on March 4, 2026 to satisfy a tax liability related to the vesting of 2,704 restricted shares. The withholding was executed at $101.52 per share for a withholding value of roughly $75,226. This was a tax-withholding event tied to a compensation award, not an open-market sale.
Key Details
- Transaction date: 2026-03-04; withholding of 741 shares at $101.52 per share (≈ $75,226).
- Vesting: 2,704 restricted shares vested on March 4, 2026; 741 shares were withheld for taxes (footnote F1).
- Net shares delivered from this vesting: 2,704 − 741 = 1,963 shares retained by the insider.
- Filing: Reported on March 6, 2026 (timely Form 4 filing).
- Transaction code: F — shares withheld to satisfy tax withholding obligation.
Context This was a routine tax-withholding action resulting from restricted stock vesting. It is not an open-market sale or purchase and therefore generally does not signal a change in the insider’s view of the company’s stock. Tax-withholdings are common when equity awards vest and are often handled via share withholding (a cashless method).
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-04$101.52/sh−741$75,226→ 84,156 total
Footnotes (1)
- [F1]These shares were withheld to satisfy a tax liability in connection with the vesting on March 4, 2026 of 2,704 shares of restricted stock previously granted to the Reporting Person.