Form 4: UFP Technologies CFO Ronald Lataille Sells Shares in Multiple Transactions

Ronald Lataille, CFO of UFP Technologies, sold shares of the company's common stock in a series of transactions on August 23, 2024.

Summary

• On August 23, 2024, Ronald J. Lataille, the Chief Financial Officer of UFP Technologies, Inc., sold shares of the company's common stock.
• The sales were executed in multiple transactions at varying prices.
• A total of 1,307 shares were sold at a weighted average price of $328.57, with individual prices ranging from $328.02 to $328.80.
• An additional 783 shares were sold at a weighted average price of $329.12, with prices ranging from $329.00 to $329.85.
• Further sales included 177 shares at a weighted average price of $330.50 (ranging from $330.02 to $330.94) and 125 shares at a weighted average price of $331.41 (ranging from $331.32 to $331.76).
• Following these transactions, Lataille indirectly owns 38,940 shares held in trust, in addition to 8,673 shares held directly.
• The sales were reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting insider trading activity. It doesn't inherently convey positive or negative sentiment, but the market's reaction will depend on the context and investor perception.

Industry Context

Insider sales are a common occurrence and are often scrutinized by investors to gauge management's sentiment about the company's future prospects. However, they don't always indicate a negative outlook, as executives may sell shares for various personal financial reasons.

Stakeholder Impact

• Shareholders may react to the news of the CFO's stock sale, potentially impacting the stock price.

Key Dates