Form 4: Urban One Director Sells Shares Under 10b5-1 Plan

Urban One Director Terry L. Jones reported the sale of 619 shares of UONEK stock at $0.9178 per share, reducing his direct beneficial ownership to 494,128 shares.

Summary

• Director Terry L. Jones of Urban One, Inc. (UONEK) reported a transaction on December 23, 2025.
• The transaction involved the sale of 619 shares of UONEK stock.
• The shares were sold at a price of $0.9178 per share.
• Following this transaction, Mr. Jones directly beneficially owns 494,128 shares across all classes of Urban One, Inc. stock (Classes A, B, C, and D).
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The sentiment is neutral. While an insider sale typically carries a negative connotation, the disclosure that it was executed under a pre-arranged 10b5-1 plan significantly mitigates concerns that the sale is based on new, adverse material non-public information. It represents a routine, scheduled transaction rather than a reactive one.

Positives

• The sale was conducted under a Rule 10b5-1(c) plan, indicating it was pre-scheduled and not based on new, non-public material information, which mitigates the negative signal typically associated with insider sales.

Negatives

• A director reduced their direct beneficial ownership in the company by selling 619 shares, which decreases insider alignment with shareholders.

Risks

• Insider sales, even if pre-planned, can sometimes be perceived negatively by the market, potentially leading to short-term downward pressure on the stock price.

Future Outlook

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

Industry Context

This Form 4 filing is specific to an individual insider transaction and does not provide broader industry context or trends.

Related Party Transactions

• The transaction involves a director of Urban One, Inc. selling company stock, which is considered an insider transaction.

Stakeholder Impact

• Shareholders may view the reduction in insider ownership with slight concern, though the 10b5-1 plan disclosure helps to alleviate potential negative interpretations.
• The transaction itself has no direct impact on employees, customers, suppliers, or creditors.

Key Dates

Recommendation

The sale by Director Terry L. Jones, while reducing insider ownership, was conducted under a pre-arranged 10b5-1 plan. This suggests the transaction was scheduled in advance and not necessarily indicative of a change in the company's immediate prospects. Without further information on the company's fundamentals or other insider activity, a 'hold' recommendation is appropriate as this single transaction does not provide a strong signal for a 'buy' or 'sell'.

Keywords

Urban One, UONEK, Insider Trading, Form 4, Director Sale, Terry L. Jones, Stock Transaction, Beneficial Ownership, SEC Filing, 10b5-1 Plan