{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-014781","form_type":"8-K","ticker":"OLED","cik":"0001005284","company_name":"UNIVERSAL DISPLAY CORP PA","filed_at":"2022-08-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.554999+00:00","generated_at":"2026-06-24T03:35:32.131871+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Universal Display slashes 2022 revenue forecast to ~$600M, CFO retiring","bullets":["Q2 revenue $136.6M (+5% YoY); EPS $0.87 vs $0.85; material sales fell 7% to $71.9M.","FY2022 revenue guidance cut to ~$600M ±$10M citing macro uncertainty and lower customer forecasts.","CFO Sidney Rosenblatt retiring Dec 30; CFO duties cease Sep 6; Brian Millard hired as new CFO.","Q3 cash dividend maintained at $0.30/share, payable Sep 30, 2022, record Sep 16.","Royalty revenue included $8.8M cumulative catch-up adjustment due to reduced future volume estimates."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-014781","json":"https://secwatch.observer/filing/0000950170-22-014781.json","markdown":"https://secwatch.observer/filing/0000950170-22-014781.md","text":"https://secwatch.observer/filing/0000950170-22-014781.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1005284/000095017022014781/0000950170-22-014781-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1005284/000095017022014781/oled-20220804.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T03:35:32.131871+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8641f36f9f","claim":"Brian Millard was appointed as Vice President of Finance, Chief Financial Officer and Treasurer at UNIVERSAL DISPLAY CORP PA.","evidence_excerpt":"the Company also announced that it has hired Brian Millard, 39, to become the Company’s Vice President of Finance, Chief Financial Officer and Treasurer, effective September 6, 2022","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1005284/000095017022014781/0000950170-22-014781-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"hired"},{"label":"Role","value":"Vice President of Finance, Chief Financial Officer and Treasurer"}],"fact_type":"executive_change"},{"claim_id":"a90baefa5c","claim":"Sidney D. Rosenblatt retired as Executive Vice President, Chief Financial Officer, Treasurer and Secretary at UNIVERSAL DISPLAY CORP PA.","evidence_excerpt":"he will cease to serve as the Company’s Chief Financial Officer, Treasurer and Secretary effective September 6, 2022","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1005284/000095017022014781/0000950170-22-014781-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Executive Vice President, Chief Financial Officer, Treasurer and Secretary"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}