LACERTE LAWRENCE 4

What Happened

• Lawrence Lacerte, a director of Universal Display Corp (OLED), received an award of 456 shares on March 31, 2026. The filing shows the shares were acquired at $0.00 (transaction code A — award/grant), for a reported acquisition value of $0. This is a compensatory award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-31; Form 4 filed: 2026-04-02.
• Shares granted: 456; price reported: $0.00; total reported value: $0.
• Transaction code: A (award, grant or other acquisition).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• No 10b5-1 plan, tax withholding, or late-filing flag noted in the provided data.
• Filing appears to be within the typical two-business-day Form 4 filing window.

Context

• Awards to directors are common as part of board compensation and do not necessarily indicate the director is buying or selling shares based on a view of the company’s prospects. Unlike outright purchases, grants at $0 typically reflect compensation or restricted stock/RSU issuance rather than a market investment.