UBS AG Files 424B2 Prospectus

TL;DR

UBS AG dropped a prospectus (424B2) on 4/7/26. New shares coming.

AI Summary

UBS AG filed a 424B2 prospectus on April 7, 2026, detailing a new offering. The filing, with SEC Accession No. 0001839882-26-019387, provides information for potential investors regarding securities offered by the company. The prospectus is a standard regulatory document required for public offerings.

Why It Matters

This filing indicates UBS AG is offering new securities to the public, which could impact its capital structure and stock price.

Risk Assessment

Risk Level: low — A 424B2 filing is a routine prospectus filing and does not inherently indicate increased risk for the company.

Key Numbers

• 369161 — FORM 424B2 size (Size of the main prospectus document in bytes.)
• 513551 — Complete submission text file size (Size of the complete submission text file in bytes.)

Key Players & Entities

• UBS AG (company) — Filer of the prospectus
• 0001114446 (company) — CIK number for UBS AG
• 0001839882-26-019387 (dollar_amount) — SEC Accession Number for the filing
• 2026-04-07 (dollar_amount) — Filing date

FAQ

Key Financial Figures

• $939.10 — he trade date is expected to be between $939.10 and $969.10. The range of the estimated
• $969.10 — e is expected to be between $939.10 and $969.10. The range of the estimated initial val
• $1,000.00 — on stock of Delta Air Lines, Inc. $ $1,000.00 $ $20.00 $ $980.00 (1) Notwit
• $20.00 — a Air Lines, Inc. $ $1,000.00 $ $20.00 $ $980.00 (1) Notwithstanding the
• $980.00 — Inc. $ $1,000.00 $ $20.00 $ $980.00 (1) Notwithstanding the underwriting
• $1,000 — S AG London Branch Principal Amount $1,000 per Note Term Approximately 35 mont
• $47.50 — Contingent Coupon 19.00% to 22.60% $47.50 to $56.50 Contingent coupons on the N
• $56.50 — t Coupon 19.00% to 22.60% $47.50 to $56.50 Contingent coupons on the Notes are n

Filing Documents

• ubs_424b2-12440.htm (424B2) — 361KB
• image1.jpg (GRAPHIC) — 12KB
• arrow.jpg (GRAPHIC) — 8KB
• image2.jpg (GRAPHIC) — 74KB
• image3.jpg (GRAPHIC) — 12KB
• 0001839882-26-019387.txt ( ) — 502KB

From the Filing

The information in this preliminary pricing supplement is not complete and may be changed. We may not sell these Notes until the pricing supplement, the accompanying product supplement and the accompanying prospectus (collectively, the "Offering Documents") are delivered in final form. The Offering Documents are not an offer to sell these Notes and we are not soliciting offers to buy these Notes in any state where the offer or sale is not permitted. Subject to Completion PRELIMINARY PRICING SUPPLEMENT Dated April 7, 2026 Filed Pursuant to Rule 424(b)(2) Registration Statement No. 333-283672 (To Prospectus dated February 6, 2025 and Product Supplement dated February 6, 2025) UBS AG Trigger Autocallable Contingent Yield Notes $ linked to the common stock of Delta Air Lines, Inc. due on or about April 4, 2029 Investment Description UBS AG Trigger Autocallable Contingent Yield Notes (the "Notes") are unsubordinated, unsecured debt obligations issued by UBS AG ("UBS" or the "issuer") linked to the common stock of Delta Air Lines, Inc. (the "underlying asset"). UBS will pay a contingent coupon on a coupon payment date only if the closing level of the underlying asset on the applicable observation date (including the final valuation date), is equal to or greater than the coupon barrier. Otherwise, no contingent coupon will be paid for the relevant coupon payment date. UBS will automatically call the Notes early if the closing level of the underlying asset on any observation date prior to the final valuation date is equal to or greater than the call threshold level, which is a level of the underlying asset equal to a percentage of the initial level, as indicated below. If the Notes are subject to an automatic call, UBS will pay you on the coupon payment date corresponding to such observation date (the "call settlement date") a cash payment per Note equal to the principal amount plus any contingent coupon otherwise due, and no further payments will be owed to you under the Notes. If the Notes are not subject to an automatic call and the closing level of the underlying asset on the final valuation date (the "final level") is equal to or greater than the downside threshold, at maturity, UBS will pay you a cash payment per Note equal to the principal amount. If, however, the Notes are not subject to an automatic call and the final level is less than the downside threshold, at maturity, UBS will pay you a cash payment per Note that is less than the principal amount, if anything, resulting in a percentage loss on your initial investment equal to the percentage decline in the underlying asset from the initial level to the final level (the "underlying return") and, in extreme situations, you could lose all of your initial investment. Investing in the Notes involves significant risks. You may lose a significant portion or all of your initial investment and may not receive any contingent coupons during the term of the Notes. Generally, a higher contingent coupon rate on a Note is associated with a greater risk of loss and a greater risk that you will not receive contingent coupons over the term of the Notes. The contingent repayment of principal applies only at maturity. Any payment on the Notes, including any repayment of principal, is subject to the creditworthiness of UBS. If UBS were to default on its obligations, you may not receive any amounts owed to you under the Notes and you could lose all of your initial investment. Features Potential for Periodic Contingent Coupons — UBS will pay a contingent coupon on the related coupon payment date if the closing level of the underlying asset is equal to or greater than the coupon barrier on an observation date (including the final valuation date). If, however, the closing level of the underlying asset is less than the coupon barrier on an observation date, no contingent coupon will be paid for the related coupon payment date. Automatic Call Feature — UBS will automatically call the Notes and pay you the principal amount of your Notes plus the contingent coupon otherwise due on the related coupon payment date if the closing level of the underlying asset is equal to or greater than the call threshold level on any observation date prior to the final valuation date. If the Notes were previously subject to an automatic call, no further payments will be owed to you under the Notes. Contingent Repayment of Principal Amount at Maturity with Potential for Full Downside Market Exposure — If the Notes are not subject to an automatic call and the final level is equal to or greater than the downside threshold, at maturity, UBS will pay you a cash payment per Note equal to the principal amount. If, however, the Notes are not subject to an automatic call and the final level is less than the downside threshold, at maturity, UBS will pay you a cash payment per Note that is less than the principal amount, if anything, resulting in a percentage loss on your initial invest