Form 4: Urgent.ly CEO Matthew Booth Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Urgent.ly CEO Matthew Booth disposed of shares to cover tax liabilities related to vesting restricted stock units.
Summary
- On February 20, 2025, Matthew Booth, the CEO of Urgent.ly Inc., disposed of 24,339 shares of common stock to cover tax obligations.
- The shares were disposed of at a price of $0.47 per share.
- Following the transaction, Booth directly owns 444,674 shares of Urgent.ly Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to share disposal for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, such as the CEO, ensuring fair markets.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of transaction: Matthew Booth disposed of shares. |
| 02/21/2025 | Date of signature on the report. |
Keywords
Form 4, Urgent.ly Inc., Matthew Booth, CEO, share disposal, tax liability, restricted stock units, ULY, beneficial ownership
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