Form 4: UFP Technologies VP Jason Holt Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Jason Holt, Vice President of UFP Technologies, disposed of 462 shares of common stock on March 3, 2025, to cover tax liabilities related to vested stock unit awards.
Summary
- On March 3, 2025, Jason Holt, Vice President of UFP Technologies, disposed of 462 shares of common stock.
- The disposal was executed to cover tax liabilities associated with stock unit awards that vested on the same date.
- The price per share for the transaction was $215.24.
- Following the transaction, Holt beneficially owns 7,848 shares of UFP Technologies stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of covering tax obligations related to stock awards.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax liabilities.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of the stock disposal transaction and vesting of stock unit awards. |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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