Form 4: UFP Technologies VP Steve Cardin Sells Shares
SEC Form 4
UFP Technologies' Vice President, Steve Cardin, recently sold shares of the company's common stock.
Summary
- Steve Cardin, a Vice President at UFP Technologies, Inc., reported changes in beneficial ownership of the company's stock.
- On March 13, 2023, Cardin disposed of 311 shares of Common Stock at a price of $196.5 per share.
- On March 13, 2024, Cardin disposed of 604 shares of Common Stock at a price of $198 per share.
- Following these transactions, Cardin directly owns 5,039 shares of UFP Technologies' Common Stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock sales by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about the transactions.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the transactions of company insiders as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/13/2023 | Steve Cardin sold 311 shares at $196.5 per share. |
| 03/13/2024 | Steve Cardin sold 604 shares at $198 per share. |
| 03/15/2024 | Date of signature by attorney-in-fact. |
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