Singer Eric 4

What Happened
Eric Singer (reported as a 10% owner) converted/settled 18,437 restricted stock units (RSUs) into Universal Electronics (UEIC) common shares on May 19, 2026. The filing shows an acquisition via conversion (18,437 shares, price N/A) and a simultaneous disposition of 18,437 shares at $0.00 — consistent with RSUs vesting and shares being surrendered or withheld rather than an open-market sale. No cash proceeds were reported.

Key Details

• Transaction date: 2026-05-19; Form 4 filed 2026-05-21 (timely).
• Acquired: 18,437 shares via conversion of RSUs (price N/A per footnote).
• Disposed: 18,437 shares at $0.00 (reported as derivative disposition — likely shares withheld/surrendered to satisfy tax withholding or settlement).
• Shares owned after transaction: not specified in the filing; footnote indicates certain UEIC shares are held by Toro 18 Holdings LLC, which Eric Singer may be deemed to beneficially own.
• Relevant footnotes: F1 defines each RSU converts to one share; F3 notes these 18,437 RSUs were granted on July 1, 2025 and vested under the stated schedule; F2 describes indirect holdings through Toro 18 Holdings LLC.

Context
This is a conversion/settlement of previously granted RSUs (an award vesting), not an open-market buy or cash sale by the insider. The reported disposition at $0.00 typically reflects shares surrendered or withheld to satisfy tax or settlement obligations (a routine administrative step), not a market sale that would signal immediate cashing out. As a reported 10% owner with indirect holdings through Toro 18, this filing documents institutional/related-party holdings rather than a standard executive open-market trade.