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 21 and 22, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Ben Volkow, a director at Urgent.ly Inc., sold shares of common stock on August 21 and August 22, 2024.
• On August 21, 1,100 shares were sold at a weighted average price of $0.9106, with individual prices ranging from $0.91 to $0.9235.
• On August 22, 300 shares were sold at a weighted average price of $0.9541, with individual prices ranging from $0.9511 to $0.9572.
• These transactions were executed under a Rule 10b5-1 trading plan adopted on November 20, 2023.
• Following these transactions, Volkow directly owns 524,752 shares of Urgent.ly Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating stock sales by a company director. The sentiment is neutral as it simply reports transactions without expressing any positive or negative outlook.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• Shareholders may interpret the stock sales as a lack of confidence by the director, although the sales were conducted under a pre-arranged trading plan.

Key Dates

Keywords

Urgent.ly Inc., Ben Volkow, stock sale, Form 4, Rule 10b5-1, director, share transaction