Form 4: UFP Technologies CEO R. Jeffrey Bailly Sells Shares

R. Jeffrey Bailly, CEO of UFP Technologies, Inc., sold shares of the company's common stock on February 23, 2024, at prices ranging from $207.31 to $213.29.

Summary

• On February 23, 2024, R. Jeffrey Bailly, the CEO of UFP Technologies, Inc., sold a total of 26,090 shares of the company's common stock.
• The sales were executed in multiple transactions at weighted average prices ranging from $207.80 to $213.08 per share.
• The shares were held indirectly in a trust.
• Following the reported transactions, Bailly indirectly holds 1,509 shares in trust.
• Bailly also directly holds 305,052 shares of UFP Technologies, Inc.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of insider trading activity. It's common for executives to periodically sell shares for personal financial management.

Stakeholder Impact

• The stock sale could have a minor negative impact on shareholder sentiment, although it's unlikely to be significant given the relatively small number of shares sold compared to the CEO's total holdings.

Key Dates