Form 4: UFP Technologies CEO R. Jeffrey Bailly Reports Stock Transactions

UFP Technologies CEO R. Jeffrey Bailly acquired 1,582 shares and disposed of 806 shares to cover tax obligations on December 20, 2024.

Summary

• R. Jeffrey Bailly, the President and CEO of UFP Technologies, Inc., reported transactions involving the company's common stock.
• On December 20, 2024, Mr. Bailly acquired 1,582 shares of common stock at a price of $0.
• On the same day, he disposed of 806 shares at a price of $252.85 per share to cover tax obligations.
• Following these transactions, Mr. Bailly directly owns 140,390 shares of UFP Technologies, Inc. common stock.
• Mr. Bailly also indirectly holds 28,706 shares through a trust, but disclaims beneficial ownership except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing of stock transactions by an executive, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transactions are typical for executives who receive stock-based compensation and need to cover tax obligations.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are routine and do not indicate a change in the company's fundamentals.

Key Dates

Keywords

UFP Technologies, stock transactions, insider trading, Form 4, R. Jeffrey Bailly, CEO, equity securities