Form 4: UFP Technologies Director Exercises Stock Options
SEC Form 4 Filing
Thomas Oberdorf, a director at UFP Technologies, exercised stock options to acquire 2,088 shares of common stock at $25.04 per share on April 25, 2024.
Summary
- On April 25, 2024, Thomas Oberdorf, a director of UFP Technologies Inc., exercised stock options.
- This transaction involved the acquisition of 2,088 shares of common stock at a price of $25.04 per share.
- Following the transaction, Oberdorf directly owns 5,777 shares of UFP Technologies Inc.
- The stock options were originally granted on June 11, 2014, and expired on June 11, 2024.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock option exercise.
Positives
- The exercise of stock options by a director can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
This is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a relatively small number of shares.
Key Dates
| Date | Description |
|---|---|
| 06/11/2014 | Original grant date of the stock options. |
| 04/25/2024 | Date of transaction: Director exercised stock options. |
| 06/11/2024 | Expiration date of the stock options. |
| 04/29/2024 | Date of Form 4 filing. |
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