UNIVERSAL DISPLAY CORP \PA\: insider trades · United States · SEC (Form 4)

About UNIVERSAL DISPLAY CORP \PA\

Universal Display Corp. (NYSE/NASDAQ: OLED) is a U.S.-based technology company with a central role in the OLED display ecosystem. Headquartered operationally in Ewing, New Jersey, in the United States, the company was founded in 1994 and has built its franchise around the research, development, commercialization, and licensing of OLED technologies and materials for display and, to a lesser extent, solid-state lighting applications. For investors, Universal Display is best understood as a hybrid business: part IP owner, part specialty materials supplier, and part technology licensor. That structure gives it exposure to the value chain without requiring it to manufacture finished panels. The company’s core platform is UniversalPHOLED®, its high-efficiency phosphorescent OLED technology, together with a portfolio of advanced materials used in OLED device fabrication. Universal Display generates revenue mainly from two streams: material sales and royalty/license fees. Its intellectual-property base is a key competitive moat, with the company stating that it owns, exclusively licenses, or has the sole right to sublicense more than 7,000 patents issued and pending worldwide. That patent estate is central to the investment case because it supports recurring economics, strong customer relationships, and long-duration strategic relevance. In competitive terms, Universal Display does not compete as a panel maker. Instead, it sits upstream as a critical enabler of OLED performance, helping improve energy efficiency, brightness, and device lifetime. This gives the company a distinctive position in the industry and ties its fortunes to OLED adoption across smartphones, televisions, laptops, tablets, and automotive displays. Its business is therefore linked to customer capital spending cycles and to the broader penetration of OLED architectures in premium consumer and IT devices. Geographically, Universal Display is rooted in the United States while operating through subsidiaries and offices around the world, especially across Asia, which is the center of OLED manufacturing. Recent disclosures reinforce that global footprint and strategic momentum. In 2026, the company reported first-quarter results and reiterated that OLED remains a compelling long-term growth opportunity, supported by expanding IT adoption and next-generation Gen 8.6 capacity additions in Korea and China. It also announced long-term OLED materials supply and support agreements, alongside patent-related initiatives that strengthen its technology position. Overall, OLED is a high-quality, structurally exposed technology name levered to the ongoing shift toward more efficient, higher-performance OLED displays.