Business Context and Reporting Period
Universal Display Corporation (OLED) filed this Form 8-K to report the results of its 2026 Annual Meeting of Stockholders held on June 18, 2026. The company is incorporated in Pennsylvania and its common stock trades on The NASDAQ Stock Market LLC.
Key Financial Metrics
This filing is a Current Report regarding corporate governance and shareholder voting. It does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The filing text does not provide a clear value for any financial metric.
Material Changes
There are no material changes to financial operations or business strategy reported in this document. The filing solely details the outcomes of shareholder votes conducted at the annual meeting.
Outlook, Risks, and Voting Results
The filing details the voting results for three proposals. A total of 42,581,241 votes were represented at the meeting.
- Election of Directors: All 11 director nominees were elected. Votes ranged from approximately 34.2 million to 38.2 million "For" votes. Notable "Against" votes included Celia M. Joseph (4,135,503) and Elizabeth H. Gemmill (3,043,479).
- Executive Compensation (Say-on-Pay): The advisory resolution to approve executive compensation was approved with 30,833,842 votes "For" and 7,506,813 votes "Against."
- Ratification of Auditors: The appointment of KPMG LLP as the independent registered public accounting firm for 2026 was ratified with 41,561,564 votes "For" and 981,659 votes "Against."
Investor Verification Checklist
- Verify the specific reasons for the significant "Against" votes on the Say-on-Pay proposal (approx. 19.6% of cast votes) and specific director nominees.
- Confirm the final composition of the Board of Directors following the election results.
- Review the company's subsequent 10-K or 10-Q filings for the actual financial performance and liquidity metrics not included in this 8-K.