December 30, 2025 · Form 4 insider transaction
Jenke Wade Michael bought 100,000 shares of Universal Entertainment Inc at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 3 days after the transaction.
Each performance stock unit represents a contingent right to receive one share of UEI common stock.; The performance stock unit award was approved by the Compensation Committee of the Board of Directors on December 22, 2025 with a grant date of December 30, 2025. The performance stock unit award will vest in three tranches with one stock market condition and three service conditions. Each tranche will vest only when both the stock price market and service conditions have been achieved. The stock price market condition must be met on or by the fifth anniversary of the grant date (December 30, 2030). Any unvested tranche will expire at close of business on December 30, 2030.