Form 4: Ultralife Corp CEO Michael Manna Acquires 1,500 Shares

Ultralife Corp's CEO, Michael Manna, purchased 1,500 shares of common stock at $7.245 per share on November 21, 2024.

Summary

• Michael Manna, the President and CEO of Ultralife Corp, acquired 1,500 shares of the company's common stock on November 21, 2024.
• The purchase price was $7.245 per share.
• Following this transaction, Mr. Manna directly owns 19,874 shares of Ultralife Corp.

Sentiment

Score: 7

Explanation: The purchase of shares by the CEO is generally a positive sign, suggesting confidence in the company's future. However, it's a single transaction and doesn't provide a comprehensive view of the company's overall health.

Positives

• The CEO's purchase of shares can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the trading activities of key personnel.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider trading activities.
• The purchase of shares by a CEO is a common occurrence and is often viewed as a positive sign of confidence in the company's future.

Stakeholder Impact

• The purchase of shares by the CEO may positively influence investor sentiment.

Key Dates

Keywords

Ultralife Corp, Michael Manna, insider trading, stock purchase, common stock, ULBI, CEO