Form 4: UFP Technologies CFO Ronald Lataille Sells Shares
SEC Form 4 Filing
Ronald Lataille, CFO of UFP Technologies, Inc., sold shares of common stock in multiple transactions on August 21, 2024.
Summary
- On August 21, 2024, Ronald J. Lataille, the Chief Financial Officer of UFP Technologies, Inc. (UFPT), sold shares of the company's common stock.
- The sales were executed in multiple transactions at varying prices.
- A total of 980 shares were sold at a weighted average price of $329.57, with prices ranging from $329.00 to $329.97.
- An additional 2,748 shares were sold at a weighted average price of $330.34, with prices ranging from $330.03 to $330.93.
- Finally, 1,070 shares were sold at a weighted average price of $331.48, with prices ranging from $331.16 to $331.82.
- Following these transactions, Lataille indirectly owns 41,332 shares held in trust, in addition to 8,673 shares held directly.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating insider trading activity. It's neutral in sentiment as it simply reports transactions.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- Shareholders may interpret the stock sale as a signal, although it's important to consider the context and the overall holdings of the reporting person.
Key Dates
| Date | Description |
|---|---|
| 08/21/2024 | Date of stock sale transactions |
| 08/23/2024 | Date of signature on the Form 4 filing |
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