Brown Nigel 4

What Happened
Nigel Brown, a director of Universal Display Corporation (OLED), was granted/awarded 455 shares on 2026-06-30. The filing reports the acquisition price as $0.00 (award/grant), so the reported cash outlay is $0. This is an award of equity compensation rather than an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-06-30 — Grant/Award (code A) of 455 shares at $0.00 per share.
• Total reported value on the Form 4: $0 (award/acquisition price recorded as $0.00).
• Shares owned after transaction: not disclosed in the summary provided.
• Footnotes/plans: the provided filing summary does not list tax-withholding, a 10b5-1 plan, or other special footnotes.
• Filing timeliness: Form 4 was filed 2026-07-02 — within the typical two-business-day reporting window (not indicated as late).

Context
Equity awards to directors are common and typically reflect compensation or retention arrangements; they are not the same as a director purchasing shares on the open market. Such awards do not, by themselves, indicate the insider’s view of the company’s near-term prospects. If you track insider activity, give more weight to purchases (out-of-pocket buys) than routine awards unless additional details (vesting, large size, or concurrent purchases/sales) are disclosed.