Form 4: UFP Technologies CFO Ronald Lataille Reports Stock Transactions

Chief Financial Officer of UFP Technologies, Ronald J. Lataille, reports disposition and acquisition of company stock, including shares withheld for tax liability and a transfer to a family trust.

Summary

• Ronald J. Lataille, CFO of UFP Technologies, reported transactions involving the company's common stock on March 1, 2024.
• 3,068 shares were disposed of to cover tax liabilities related to vested stock unit awards.
• 3,891 shares were transferred to the Ronald J. Lataille Trust, where Mr. Lataille and his spouse are trustees and beneficiaries.
• An additional 3,891 shares were acquired into the Ronald J. Lataille Trust.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.

Related Party Transactions

• Transfer of shares to the Ronald J. Lataille Trust, of which the reporting person and his spouse are trustees and beneficiaries.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership structure, but the overall impact is likely minimal.

Key Dates