v3.26.3
Fair Value Measurement (Tables)
 12 Months Ended
Dec. 31, 2025
EBP 003 [Member]  
EBP, Investment, Fair Value and NAV [Line Items]  
Schedule of EBP, Investment, Fair Value And NAV
At December 31, 2025, the investments held by the Plan within the fair value hierarchy are as follows:
 
             
   Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
        
    Significant
Other
Observable
Inputs (Level 2)
        
    Significant
Unobservable
Inputs (Level 3)
             Total  
 Mutual funds
             $24,669,900           —           —           $24,669,900  
 Self-directed brokerage accounts
             15,163,758           —           —           15,163,758  
 UBS Stock Fund
             2,386,817           —           —           2,386,817  
 Common Stock
             2,024,997           —           —           2,024,997  
              $44,245,472           $—           $—           $44,245,472  
 Investments measured at NAV:
                                                    
 Money market funds(a)
                                                 $5,018,055  
 U.S. equity funds(b)
                                                 13,575,164  
 U.S. bond funds(c)
                                                 1,973,599  
 Total investments, at NAV
                                                 $20,566,818  
 Total investments at fair value
                                                 $64,812,290  
At December 31, 2024, the investments held by the Plan within the fair value hierarchy are as follows:
 
             
   Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
        
    Significant
Other
Observable
Inputs
(Level 2)
        
    Significant
Unobservable
Inputs
(Level 3)
              Total  
 Mutual funds
             $20,157,455           —           —            $20,157,455  
 Self-directed brokerage accounts
             13,761,591           —           —            13,761,591  
 UBS Stock Fund
             1,899,275           —           —            1,899,275  
 Common Stock
             1,618,466           —           —            1,618,466  
              $37,436,787           $—           $—            $37,436,787  
 Investments measured at NAV:
                                                     
 Money market funds(a)
                                                  $4,829,370  
 U.S. equity funds(b)
                                                  11,771,680  
 Non-U.S. equity funds(b)
                                                  277,092  
 U.S. bond funds(c)
                                                  1,541,042  
 Total investments, at NAV
                                                  $18,419,184  
 Total investments at fair value
                                                  $55,855,971  
 
(a)
Money market funds are designed to protect capital with low-risk investments and include cash, bank notes, corporate notes, government bills, and various short-term debt instruments. These investments are held through collective trust funds.
 
(b)
Equity common/collective trust funds seek to maintain portfolio diversification and approximate the risk and return characterized by certain equity indices. Under normal circumstances, redemptions for participant activity may be made daily with no notice period required. Plan sponsor-initiated activity may require prior written notice of 3 to 15 days.
 
(c)
U.S. bond common/collective trust funds seek to maintain an overall diversified portfolio whose investment return matches the performance of certain bond indices. Under normal circumstances, redemptions for participant activity may be made daily with no notice period required. Plan sponsor-initiated activity may require prior written notice of 15 days.