Form 4: Urgent.ly CFO Huffmyer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Timothy C. Huffmyer, CFO of Urgent.ly Inc., disposed of 11,135 shares of common stock on October 19, 2024, to cover tax liabilities related to vesting restricted stock units.
Summary
- On October 19, 2024, Timothy C. Huffmyer, the Chief Financial Officer of Urgent.ly Inc., disposed of 11,135 shares of the company's common stock.
- The transaction was executed to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units (RSUs).
- The shares were sold at a price of $0.6626 per share.
- Following the transaction, Huffmyer directly owns 257,974 shares of Urgent.ly Inc.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't necessarily indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to provide transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 10/19/2024 | Date of transaction: Huffmyer disposed of 11,135 shares of Urgent.ly Inc. common stock. |
| 10/22/2024 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Insider Trading, ULY, Urgent.ly Inc., Huffmyer Timothy C., CFO, Stock Sale, Tax Liability, RSUs, Restricted Stock Units
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