Lau Joan 4

What Happened

• Joan Lau, a director of Universal Display Corporation (NASDAQ: OLED), received an award of 456 shares on March 31, 2026. The Form 4 reports the transaction as an award/grant (code A) with an acquisition price of $0.00 (total reported value $0).
• This was a grant/compensation event rather than an open-market purchase or sale, so it reflects company compensation practices more than a personal buy or sell decision.

Key Details

• Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (appears timely).
• Type/code: Award/Grant (A); 456 shares acquired at $0.00; reported value $0.
• Shares owned after transaction: not specified in the reported transaction (not provided on the form).
• Footnotes/conditions: none disclosed on the filing (no 10b5-1 plan, tax-withholding, or sale reported).
• Filing timeliness: filed within normal SEC Form 4 timing (no late filing indicated).

Context

• Awards to directors are commonly part of compensation packages (e.g., restricted stock or RSUs) and often vest over time; an acquisition price of $0 on the Form 4 is typical for such grants and does not reflect market sale value.
• Because this is a compensation grant — not a purchase or sale — it should be viewed as pay-related disclosure rather than a direct signal of the insider's market sentiment.