4Filed Aug 19, 8:00 PM ET

Universal Display (OLED) Director Lawrence Lacerte Sells Shares

$OLED · UNIVERSAL DISPLAY CORP \PA\

Research Summary

AI-generated summary of this SEC filing

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Universal Display (OLED) Director Lawrence Lacerte Sells Shares

What Happened
Lawrence Lacerte, a director of Universal Display Corp (OLED), sold a total of 4,967 shares in open-market transactions on August 18, 2026, generating roughly $422,092. The filings list two dispositions: 4,653 shares at $84.94 each ($395,226) and 314 shares at $85.56 each ($26,866). These were sales (not purchases), which are commonly routine insider liquidity events and do not by themselves indicate a change in company fundamentals.

Key Details

  • Transaction date: 2026-08-18; Form 4 filed: 2026-08-20 (appears timely; Form 4s are generally due within two business days).
  • Reported sales: 4,653 shares @ $84.94 = $395,226; 314 shares @ $85.56 = $26,866; total ~4,967 shares for ~$422,092.
  • Footnote: F1 says the reported price represents a weighted average across a range of $84.32 to $85.24 and that the reporting person will provide a breakdown of shares sold at each separate price upon request to the SEC, the company or shareholders.
  • Shares owned after the transaction: not provided in the supplied excerpt.

Context
This was an outright sale (transaction code S). Sales by directors can be routine (diversification, tax planning, scheduled plan) and are less informative than purchases as a sign of insider confidence. No option exercises, awards, gifts, or tax-withholding events were reported in the provided data. If you want the exact per-price allocation within the weighted range, the footnote indicates the filer will supply that detail on request.