Form 4: UFP Technologies CEO R. Jeffrey Bailly Sells Shares
SEC Form 4 Filing
UFP Technologies CEO R. Jeffrey Bailly sold 4,991 shares of the company's stock at an average price of $328.03 on August 20, 2024.
Summary
- On August 20, 2024, R. Jeffrey Bailly, the CEO of UFP Technologies, Inc., sold 4,991 shares of the company's common stock.
- The sale was executed at a weighted average price of $328.03 per share, with individual transactions ranging from $328.00 to $328.99.
- Following the transaction, Bailly indirectly owns 69,143 shares held in trust, and directly owns 139,614 shares.
- Bailly disclaims beneficial ownership of the shares held in trust except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The stock sale could have a minor impact on shareholder sentiment, depending on how the market interprets the transaction.
Key Dates
| Date | Description |
|---|---|
| 08/20/2024 | Date of the stock sale transaction. |
| 08/21/2024 | Date of signature by attorney-in-fact. |
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