HARTLEY C KEITH 4

What Happened Keith C. Hartley, a director of Universal Display Corp. (ticker: OLED), was granted 455 shares on 2026-06-30. The Form 4 reports the acquisition as an award/grant (transaction code A) with an acquisition price of $0.00, meaning no cash purchase was recorded on the filing.

Key Details

• Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (filed within the typical two-business-day window).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 455; reported acquisition price: $0.00.
• Shares owned after the transaction: not specified in the information provided in this summary.
• No footnotes, 10b5-1 plan, or tax-withholding items were noted in the provided details.

Context Grants recorded at $0.00 typically reflect compensation (e.g., restricted stock or director awards) rather than an open-market purchase and are common for executives and board members. Such awards are routine and don’t necessarily indicate the insider is buying or selling stock for investment reasons. Retail investors often view outright purchases as a stronger signal of insider conviction than compensation awards.