ELIAS RICHARD C 4

What Happened
Richard C. Elias, a director of Universal Display Corp. (OLED), made an open-market purchase of 1,000 shares on May 11, 2026 at $92.84 per share, costing $92,840. The same filing also reports two gift transactions of 456 shares each (one shown as a disposal and one as an acquisition) recorded at $0.00 — these likely reflect a transfer between accounts or to a family/trust and do not represent a market sale.

Key Details

• Transaction date(s): May 11, 2026 (report filed May 13, 2026; report period 2026-05-11).
• Purchase: 1,000 shares @ $92.84 = $92,840 (open-market purchase, code P).
• Gifts: 456 shares disposed @ $0.00 and 456 shares acquired @ $0.00 (code G).
• Shares owned after the transactions: not specified in the excerpt provided.
• Filing timeliness: Appears timely (filed two days after the trade).
• No 10b5-1 plan, tax-withholding, or other footnotes were provided in the supplied details.

Context
Open-market purchases by insiders can be considered a more informative signal than routine sales, but a single modest purchase (~$93k) should not be overinterpreted. Gift transactions are common for estate or family planning and generally do not indicate the insider’s view on the stock. This summary is factual only — it does not speculate on motives behind the purchase or transfers.