Form 4: Ultralife Corp Director and 10% Owner Increases Stake with Significant Stock Purchase

Bradford T. Whitmore, a Director and 10% owner of Ultralife Corp (ULBI), has increased his beneficial ownership by purchasing 10,000 shares of common stock.

Summary

• Bradford T. Whitmore, identified as both a Director and a 10% owner of Ultralife Corp (ULBI), purchased 10,000 shares of the company's common stock.
• The transaction occurred on June 13, 2025, at a weighted average price of $7.6392 per share, with individual purchase prices ranging from $7.615 to $7.6893.
• Following this transaction, Mr. Whitmore's direct beneficial ownership stands at 205,915 shares of Common Stock.
• His indirect beneficial ownership includes 1,070,067 shares through Whitmore Holdings, LLC, 4,452,283 shares through Sunray I, LLC, and 518,616 shares through Grace Brothers, LP.
• The total beneficial ownership of Bradford T. Whitmore, including both direct and indirect holdings, amounts to 6,246,881 shares of Ultralife Corp Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is positive due to a significant insider purchase by a director and 10% owner, indicating confidence in the company's value.

Positives

• The purchase of 10,000 shares by a Director and 10% owner signals confidence in the company's future prospects.
• Insider buying can be viewed positively by the market, suggesting that those with intimate knowledge of the company believe the stock is undervalued or poised for growth.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a standard insider transaction report and does not provide broader industry context or trends. However, insider purchases can sometimes be interpreted as a positive signal within the industry, suggesting internal confidence in the company's position or future performance relative to its peers.

Related Party Transactions

• Bradford T. Whitmore indirectly beneficially owns 1,070,067 shares through Whitmore Holdings, LLC, where he serves as manager and trustee of the sole member.
• He indirectly beneficially owns 4,452,283 shares through Sunray I, LLC, where he serves as manager.
• He indirectly beneficially owns 518,616 shares through Grace Brothers, LP, as manager of Whitmore Holdings, LLC, which is the sole General Partner of Grace Brothers, LP.

Stakeholder Impact

• Shareholders may view this insider purchase as a positive indicator of management's belief in the company's value and future performance, potentially increasing investor confidence.
• The increased stake by a significant owner reinforces alignment between management and shareholder interests.

Key Dates

Keywords

Ultralife Corp, ULBI, Insider Trading, Form 4, Beneficial Ownership, Stock Purchase, Director, 10% Owner, Equity Securities