Form 4: UFPT CEO's Tax Withholding on Vested Stock Awards

UFP Technologies CEO R. Jeffrey Bailly reported the withholding of 9,422 shares to cover tax liabilities from vested stock unit awards.

Summary

• R. Jeffrey Bailly, CEO and Director of UFP Technologies, Inc. (UFPT), reported a transaction on March 2, 2026.
• The transaction involved the disposition (withholding) of 9,422 shares of UFPT Common Stock.
• These shares were withheld to cover tax liability associated with stock unit awards granted in 2023, 2024, and 2025 that vested on March 2, 2026.
• The shares were valued at $204.3 per share for the purpose of this tax withholding.
• Following this transaction, Mr. Bailly directly beneficially owns 170,163 shares.
• Additionally, Mr. Bailly indirectly holds 28,706 shares through a Trust, disclaiming beneficial ownership except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. It is a routine, non-discretionary transaction related to executive compensation and tax obligations, not indicative of positive or negative company performance or insider sentiment.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Form 4 filings detailing tax withholdings upon equity award vesting are standard administrative events for public company executives and do not typically reflect discretionary investment decisions or broader industry trends.

Stakeholder Impact

• Shareholders: This is a routine administrative transaction and is unlikely to have a direct impact on shareholders beyond the minor dilution from the original award grants, which would have been previously disclosed.

Key Dates

Keywords

UFP Technologies, UFPT, R. Jeffrey Bailly, CEO, Insider Transaction, Form 4, Stock Awards, Tax Withholding, Beneficial Ownership