{"url_path":"/sec/ueic/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-11","source_url":"https://www.sec.gov/Archives/edgar/data/101984/0000101984-26-000058-index.html","accession_number":"0000101984-26-000058","cik":"0000101984","ticker":"UEIC","issuer_name":"UNIVERSAL ELECTRONICS INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/101984/0000101984-26-000058-index.html","primary_entity_key":"0000101984","primary_entity_name":"UNIVERSAL ELECTRONICS INC"},"word_count":295,"has_tables":true,"body_markdown":"ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS\n\nThe following table sets forth, for the three months ended March 31, 2026, our total stock repurchases, average price paid per share and the maximum number of shares that may yet be purchased on the open market under our plans or programs:\n\nPeriodTotal Number of Shares Purchased Weighted \nAverage\nPrice Paid\nper ShareTotal Number of Shares Purchased as Part of Publicly Announced Plans or Programs\nMaximum Number of Shares that May Yet Be Purchased Under the Plans or Programs (1)\n\nJanuary 1, 2026 - January 31, 2026— $— — 13,556 \n\nFebruary 1, 2026 - February 28, 2026— — — 13,556 \n\nMarch 1, 2026- March 31, 2026— — — 1,013,556 \n\nTotal— $— — \n\n    \n\n(1)On March 11, 2026 our Board of Directors authorized an amendment to the Company's Share Repurchase Program that had been originally approved in October 2023 (as subsequently amended, the \"Share Repurchase Program\") to authorize the repurchase, from time to time, of up to an additional 1,000,000 shares of the Company's outstanding common stock, or a total of 1,013,556 shares (including the 13,556 shares remaining available under prior Board authorization for repurchase under the Share Repurchase Program). This authorization will remain in effect until such time as the Board of Directors terminates the authorization or the Share Repurchase Program is executed in full. We may utilize various methods to effect the repurchases, including in privately negotiated and/or open-market transactions, and pursuant to plans complying with Rule 10b5-1 promulgated under the Securities Exchange Act of 1934. Neither this authorization nor the Share Repurchase Program obligates us to repurchase any shares of our common stock, and any repurchase of shares will be subject to market and other conditions and may be discontinued at any time."}