Universal Display Corp (OLED) Files 8-K on Shareholder Vote Matters

TL;DR

OLED filed an 8-K for a shareholder vote on June 20th. Keep an eye on what they're voting on.

AI Summary

Universal Display Corporation filed an 8-K on June 24, 2024, reporting a submission of matters to a vote of security holders on June 20, 2024. The company, incorporated in Pennsylvania with its principal executive offices in Ewing, NJ, trades its common stock under the symbol OLED on the NASDAQ.

Why It Matters

This filing indicates that Universal Display Corporation is engaging in a process that requires shareholder approval, which could impact corporate governance or strategic decisions.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of a shareholder vote, not an immediate financial event or significant operational change.

Key Players & Entities

• Universal Display Corporation (company) — Registrant
• OLED (company) — Trading Symbol
• NASDAQ (company) — Stock Exchange
• June 20, 2024 (date) — Date of earliest event reported
• June 24, 2024 (date) — Date of Report

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common Stock, $0.01 par value OLED The NASDAQ Stock Mar

Filing Documents

• oled-20240620.htm (8-K) — 72KB
• 0000950170-24-076702.txt ( ) — 189KB
• oled-20240620.xsd (EX-101.SCH) — 29KB
• oled-20240620_htm.xml (XML) — 4KB

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders. (a) The Company held the 2024 Annual Meeting on June 20, 2024. (b) The number of votes represented at the annual meeting, in person or by proxy, was 43,013,065. In determining this number, abstentions and shares held by brokers who have notified us that they lack voting authority with respect to any matter (referred to herein as "broker non-votes") were deemed present for quorum purposes. The matters voted upon at the annual meeting and the results of the vote on each such matter are set forth below: 1. Election of Directors . Name Votes FOR Votes AGAINST Abstentions Broker Non-Votes Steven V. Abramson 37,946,383 490,893 190,213 4,385,576 Nigel Brown 38,392,465 47,140 187,884 4,385,576 Cynthia J. Comparin 38,048,196 403,707 175,586 4,385,576 Richard C. Elias 38,031,320 417,509 178,660 4,385,576 Elizabeth H. Gemmill 35,108,602 3,342,456 176,431 4,385,576 C. Keith Hartley 35,210,225 3,241,386 175,878 4,385,576 Celia M. Joseph 35,351,681 3,099,064 176,744 4,385,576 Lawrence Lacerte 35,061,786 3,389,093 176,610 4,385,576 Joan Lau 38,337,547 114,812 175,130 4,385,576 Sidney D. Rosenblatt 37,342,480 1,105,007 180,002 4,385,576 * Abstentions and broker non-votes were not considered votes "cast" with respect to the election of directors. 2. Advisory resolution to approve compensation of the Company's named executive officers . Votes FOR Votes AGAINST Abstentions Broker Non-Votes 30,051,876 8,175,591 400,022 4,385,576 * Abstentions and broker non-votes were not considered votes "cast" on this proposal. 3. Proposal to ratify the appointment of KPMG LLP as the Company's independent registered public accounting firm for 2024 . Votes FOR Votes AGAINST Abstentions Broker Non-Votes 40,869,501 1,974,993 168,571 0 * Abstentions and broker non-votes were not conside

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Universal Display Corporation Date: June 24, 2024 By: /s/ Mauro Premutico Mauro Premutico Secretary

View Full Filing

View this 8-K filing on SEC EDGAR