Walker April 4

What Happened

• April Walker, a director of Universal Display Corporation (ticker: OLED), was granted/received 456 shares on March 31, 2026. The Form 4 reports the acquisition as an award/grant (transaction code A) at $0.00 per share (compensatory award rather than an open-market purchase).
• The filing notes that 3.872 of the shares are attributable to dividend reinvestment. The filing does not state a cash value for the award on the Form 4 itself.

Key Details

• Transaction date and price: 2026-03-31; 456 shares acquired; reported price $0.00 (award/grant).
• Footnote: Includes 3.872 shares purchased through dividend reinvestment.
• Filing date: 2026-04-02 — appears timely relative to the March 31 transaction (Form 4s are generally due within two business days).
• Shares owned after transaction: not specified in the provided details.

Context

• This was a compensatory award (code A), which increases insider holdings but is not the same signal as an open-market purchase by the insider. Dividend reinvestment reflects reinvesting cash dividends into additional shares rather than a separate market buy.
• Such awards are common for directors and employees as part of compensation; they should be viewed as an addition to holdings rather than an explicit market-timing purchase.