Form 4: UFP Technologies CEO R. Jeffrey Bailly Sells Shares
SEC Form 4
UFP Technologies CEO R. Jeffrey Bailly recently sold shares of the company's common stock in two separate transactions.
Summary
- R. Jeffrey Bailly, CEO of UFP Technologies, Inc., reported the sale of company stock.
- On August 12, 2024, Bailly sold 1,083 shares of common stock at a price of $310.36 per share.
- On August 13, 2024, Bailly sold 4,484 shares of common stock at a price of $310.21 per share.
- Following these transactions, Bailly indirectly owns 134,857 shares in trust, and directly owns 139,614 shares.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports stock sales by the CEO, which could be for various personal financial reasons and doesn't necessarily reflect a negative outlook on the company.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. Investors often monitor these filings for signals about management's confidence in the company's future prospects.
Stakeholder Impact
- Shareholders may react to the news of the CEO selling shares, although the impact is likely to be minimal given the relatively small number of shares sold compared to the total outstanding.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | R. Jeffrey Bailly sold 1,083 shares of UFP Technologies stock at $310.36 per share. |
| 08/13/2024 | R. Jeffrey Bailly sold 4,484 shares of UFP Technologies stock at $310.21 per share. |
| 08/14/2024 | Date of signature for the Form 4 filing. |
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