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).