Form 4: UFP Technologies CFO Ronald Lataille Sells Shares in August

Ronald J. Lataille, CFO of UFP Technologies, Inc., reported the sale of company shares held in trust over several transactions in early August.

Summary

• Ronald J. Lataille, the Chief Financial Officer of UFP Technologies, Inc., sold shares of the company's common stock in a series of transactions on August 2, 2024, and August 6, 2024.
• The sales were executed at varying prices, with weighted average prices reported for each transaction.
• On August 2, 2024, Lataille sold 348 shares at an average price of $318.71, 1,142 shares at an average price of $319.50, and 108 shares at an average price of $320.10.
• On August 6, 2024, Lataille sold 8,000 shares at $300, 2,797 shares at $305.19, 513 shares at $306.45, and 156 shares at $307.36.
• Following these transactions, Lataille continues to beneficially own shares indirectly through a trust, with 46,130 shares held in trust.
• Lataille also directly holds 8,673 shares of UFP Technologies, Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting the sale of shares by a company insider; it doesn't inherently convey positive or negative sentiment, but the market may interpret insider selling as slightly negative.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock; these filings are closely watched by investors seeking insights into management's perspective on the company's valuation and future 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