Form 4: Urgent.ly Director Ben Volkow Sells Shares in Recent Transactions

Director Ben Volkow of Urgent.ly Inc. executed sales of common stock on August 27 and 28, 2024, according to a Form 4 filing.

Summary

• Ben Volkow, a director at Urgent.ly Inc., sold shares of common stock on August 27 and 28, 2024.
• On August 27, 2024, 800 shares were sold at a weighted average price of $0.9489, with prices ranging from $0.93 to $0.9555.
• On August 28, 2024, 700 shares were sold at a weighted average price of $0.925, with prices ranging from $0.915 to $0.9401.
• Following these transactions, Volkow directly owns 522,752 shares of Urgent.ly Inc. common stock.
• The sales were executed under a Rule 10b5-1 trading plan adopted on November 20, 2023.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by a company director, which is neutral in sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like directors and officers, trade their company's stock; this provides transparency to the market.

Stakeholder Impact

• The stock sales by a director could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares involved and the existence of a pre-arranged trading plan.

Key Dates

Keywords

Form 4, Urgent.ly Inc., Ben Volkow, Stock Sale, Director, ULY, 10b5-1 trading plan