secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL ELECTRONICS INC (UEIC)
CIK:        0000101984
Form:       8-K
Filed at:   2023-12-26T23:59:59+00:00
Accession:  0000101984-23-000063
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Universal Electronics appoints Eric Singer to board under cooperation agreement with Immersion
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- Eric Singer, Immersion's CEO, appointed as Class II director effective Dec 21, 2023, filling a vacancy.
- Singer will serve on the Compensation Committee and be nominated for election at the 2024 annual meeting.
- Immersion may appoint one additional director after the 2025 annual meeting, subject to ownership and stock price conditions.
- Investor parties agreed to vote with Board recommendations, standstill, and a 15% ownership cap.
- Agreement terminates 30 days before the 2026 annual meeting deadline; early termination possible for 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/101984/000010198423000063/0000101984-23-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/101984/000010198423000063/ueic-20231221.htm
  HTML page:      https://secwatch.observer/filing/0000101984-23-000063

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