Form 4: Urgent.ly CEO Booth Reports Tax-Related Stock Disposal

Urgent.ly Inc.'s CEO, Matthew Booth, reported the disposal of 1,615 common shares to cover tax obligations related to RSU vesting.

Summary

• Matthew Booth, Chief Executive Officer and Director of Urgent.ly Inc. (ULY), reported a transaction on February 20, 2026.
• The transaction involved the disposal of 1,615 shares of Urgent.ly Common Stock.
• These shares were withheld by the company to satisfy Mr. Booth's tax liability associated with the vesting of restricted stock units (RSUs).
• The shares were disposed of at a price of $2.02 per share.
• Following this transaction, Mr. Booth directly beneficially owns 58,842 shares of Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a standard administrative transaction related to executive compensation and tax obligations, with no direct positive or negative implications for the company's operational or financial performance.

Industry Context

StockSavvy.ai notes that tax-related stock disposals by executives are a routine part of compensation packages involving restricted stock units and do not typically reflect a change in management's outlook on the company or the broader industry.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine tax-related transaction by an executive, not indicative of a change in company fundamentals or strategy.

Key Dates

Keywords

Urgent.ly, ULY, Matthew Booth, CEO, Form 4, Insider Transaction, Stock Disposal, RSU Vesting, Tax Withholding, Common Stock