Form 4: UFP Technologies SVP Tax Withholding on Vested Stock

UFP Technologies Senior Vice President Christopher P. Litterio reported the withholding of 815 shares of common stock to cover tax liabilities related to vested stock unit awards.

Summary

• Christopher P. Litterio, Senior Vice President of UFP Technologies, Inc. (UFPT), reported a transaction involving the company's common stock.
• On March 2, 2026, 815 shares of common stock were disposed of at a price of $204.3 per share.
• This disposition represents shares withheld by the company to cover tax liabilities associated with stock unit awards granted in 2023, 2024, and 2025 that vested on the same date.
• Following this transaction, Mr. Litterio beneficially owns 11,977 shares of UFP Technologies common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative transaction related to executive compensation rather than a discretionary sale or purchase.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to tax withholdings upon vesting of equity awards, are common across all industries. This specific transaction for UFP Technologies' Senior Vice President is a routine event and does not typically signal a change in company fundamentals or executive sentiment.

Stakeholder Impact

• Minimal direct impact on shareholders, as this is a routine tax-related transaction for an executive's vested equity awards.
• Positive for the reporting executive, Christopher P. Litterio, as it signifies the vesting of previously granted stock unit awards.

Key Dates

Keywords

UFP Technologies, UFPT, Form 4, Insider Transaction, Stock Withholding, Tax Liability, Stock Unit Awards, Executive Compensation, Christopher P. Litterio