{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-028923","form_type":"8-K","ticker":"OLED","cik":"0001005284","company_name":"UNIVERSAL DISPLAY CORP PA","filed_at":"2023-06-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.549353+00:00","generated_at":"2026-06-13T20:30:00.774400+00:00","sec_items":["5.02","5.07","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"confidence":"high","headline":"Shareholders approve 2023 Equity Plan, elect directors at annual meeting","bullets":["2023 Equity Compensation Plan approved (35M for, 1.8M against); authorizes up to 1,516,267 shares.","All 8 director nominees elected; Elizabeth Gemmill and Richard Elias each had ~4.9M and ~4.4M votes against.","Advisory vote on executive compensation passed with ~30.3M for (82% of votes cast); company will hold say-on-pay annually.","Ratification of KPMG as independent auditor for 2023 approved with 39.3M votes for."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-028923","json":"https://secwatch.observer/filing/0000950170-23-028923.json","markdown":"https://secwatch.observer/filing/0000950170-23-028923.md","text":"https://secwatch.observer/filing/0000950170-23-028923.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1005284/000095017023028923/0000950170-23-028923-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1005284/000095017023028923/oled-20230615.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T20:30:00.774400+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":"0df9abb94b22766bcf83a02dcdd683fc3af519c2","claim":"UNIVERSAL DISPLAY CORP PA shareholders approved Advisory resolution regarding the frequency of future advisory shareholder votes on compensation of the Company’s named executive officers at the 2023-06-15 meeting.","evidence_excerpt":"4. Advisory resolution regarding the frequency of future advisory shareholder votes on compensation of the Company’s named executive officers . 1 Year 2 Years 3 Years Abstentions Broker Non-Votes 35,781,633 22,690 1,022,757 101,025 4,777,996 * Abstentions and broker non-votes were not considered votes “cast” on this proposal.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1005284/000095017023028923/0000950170-23-028923-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-15"}],"fact_type":"shareholder_vote"},{"claim_id":"36ace43531023afc7c17b3c6b9c4ff4b066d3254","claim":"UNIVERSAL DISPLAY CORP PA shareholders approved Proposal to ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2023 at the 2023-06-15 meeting.","evidence_excerpt":"5. Proposal to ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2023 . Votes FOR Votes AGAINST Abstentions Broker Non-Votes 39,308,746 2,348,712 48,643 0 * Abstentions and broker non-votes were not considered votes “cast” on this proposal.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1005284/000095017023028923/0000950170-23-028923-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-15"}],"fact_type":"shareholder_vote"},{"claim_id":"b8ca89c611c8b60ef2addc8d75de4dbe3a039326","claim":"UNIVERSAL DISPLAY CORP PA shareholders approved Advisory resolution to approve compensation of the Company’s named executive officers at the 2023-06-15 meeting.","evidence_excerpt":"3. Advisory resolution to approve compensation of the Company’s named executive officers . Votes FOR Votes AGAINST Abstentions Broker Non-Votes 30,253,625 6,380,276 294,204 4,777,996 * Abstentions and broker non-votes were not considered votes “cast” on this proposal.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1005284/000095017023028923/0000950170-23-028923-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-15"}],"fact_type":"shareholder_vote"},{"claim_id":"c7af39739daf772c88d19e939e1587a4df36f0da","claim":"UNIVERSAL DISPLAY CORP PA shareholders approved Proposal to ratify the Company's 2023 Equity Compensation Plan at the 2023-06-15 meeting.","evidence_excerpt":"2. Proposal to ratify the Company's 2023 Equity Compensation Plan . Votes FOR Votes AGAINST Abstentions Broker Non-Votes 35,038,719 1,823,880 65,506 4,777,996 * Abstentions and broker non-votes were not considered votes “cast” on this proposal.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1005284/000095017023028923/0000950170-23-028923-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"equity plan"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-15"}],"fact_type":"shareholder_vote"},{"claim_id":"f14686973c6f080c8cc039264eaf0cf8d8254656","claim":"UNIVERSAL DISPLAY CORP PA shareholders approved Election of Directors at the 2023-06-15 meeting.","evidence_excerpt":"1. Election of Directors . Name Votes FOR Votes AGAINST Abstentions Broker Non-Votes Steven V. Abramson 36,348,177 527,739 52,189 4,777,996 Cynthia J. Comparin 36,562,612 313,009 52,484 4,777,996 Richard C. Elias 32,460,859 4,411,711 55,535 4,777,996 Elizabeth H. Gemmill 31,936,588 4,937,757 53,760 4,777,996 C. Keith Hartley 32,071,458 4,574,733 281,914 4,777,996 Celia M. Joseph 36,228,338 646,197 53,570 4,777,996 Lawrence Lacerte 32,614,267 4,237,442 76,396 4,777,996 Sidney D. Rosenblatt 35,000,918 1,875,390 51,797 4,777,996 * Abstentions and broker non-votes were not considered votes “cast” with respect to the election of directors.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1005284/000095017023028923/0000950170-23-028923-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-15"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}