Sherwin I. Seligsohn, Chairman of Board and Founder at UNIVERSAL DISPLAY CORP \PA\ (OLED), sold 88,740 shares at $86.45 ($7.6M) on 2017-02-28, disclosed to the SEC on 2017-03-02.
Seasonal sale ($7.6M) by Chairman of Board and Founder — this insider has traded OLED in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $85.03 | 42,820 | $3.6M | 48.2% |
| 2 | $85.03 | 42,820 | $3.6M | 48.2% |
| 3 | $86.45 | 2,600 | $225K | 3.0% |
| 4 | $87.37 | 500 | $44K | 0.6% |
| Total | $85.08 avg | 88,740 | $7.6M | 100% |
| Filing → |
| OLED | SELL | 2015-11-30 | $1.0M | — | Filing → |
| OLED | SELL | 2015-05-21 | $1.0M | — | Filing → |
| OLED | SELL | 2013-12-23 | $1.3M | — | Filing → |