Form 4: Ultralife Corp Director Thomas Saeli Increases Stake with Recent Stock Purchases
SEC Form 4 Filing
Director Thomas Louis Saeli increased his holdings in Ultralife Corp (ULBI) by purchasing 5,000 shares of common stock at an average price of $5.44.
Summary
- On May 13 and 14, 2025, Thomas Louis Saeli, a director of Ultralife Corp (ULBI), purchased a total of 5,000 shares of common stock.
- The purchases were made at an average price of $5.44 per share.
- Specifically, 2,995 shares were bought on May 13, 2025, at $5.4316 per share, and 2,005 shares were bought on May 14, 2025, at $5.4525 per share.
- Following these transactions, Saeli directly owns 85,000 shares of Ultralife Corp.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. Insider buying can be a positive signal, but it's a relatively small transaction and doesn't provide definitive insight into the company's overall health.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's prospects, although they don't always predict future performance.
Stakeholder Impact
- The stock purchase could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Earliest transaction date; 2,995 shares purchased at $5.4316 per share. |
| 05/14/2025 | 2,005 shares purchased at $5.4525 per share; Date of Form 4 filing. |
Keywords
Ultralife Corp, ULBI, Thomas Saeli, Director, Stock Purchase, Form 4, SEC Filing, Beneficial Ownership
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