Form 4: Urgent.ly CEO Booth Disposes Shares for Tax Liability

Urgent.ly Inc. CEO Matthew Booth disposed of 2,011 common shares to cover tax obligations related to RSU vesting, retaining 60,457 shares.

Summary

• Matthew Booth, Chief Executive Officer and Director of Urgent.ly Inc. (ULY), reported a transaction involving the company's common stock.
• The transaction, dated November 7, 2025, involved the disposal of 2,011 shares.
• These shares were withheld to satisfy tax liabilities incurred due to the vesting of restricted stock units (RSUs).
• The shares were valued at $2.45 for tax purposes.
• Following this transaction, Matthew Booth directly beneficially owns 60,457 shares of Urgent.ly Inc. common stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was pre-scheduled.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, non-discretionary transaction for tax purposes related to RSU vesting, not indicative of a change in management's outlook or a strategic move.

Future Outlook

The filing does not contain any forward-looking statements or guidance beyond the scheduled transaction date.

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, common across all industries for publicly traded companies with RSU programs. It does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in company fundamentals or management's confidence.
• Employees: No direct impact mentioned.

Key Dates

Keywords

Urgent.ly Inc., ULY, Matthew Booth, CEO, Director, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Share Disposal, 10b5-1 Plan