Form 4: Urgent.ly Director Ben Volkow Sells Shares Under 10b5-1 Trading Plan

Director Ben Volkow of Urgent.ly Inc. executed sales of common stock on September 3rd and 4th, 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 September 3rd and 4th, 2024.
• The sales were executed under a Rule 10b5-1 trading plan adopted on November 20, 2023.
• On September 3rd, 2,400 shares were sold at a weighted average price of $0.8767, with individual prices ranging from $0.8649 to $0.9082.
• On September 4th, 1,500 shares were sold at a weighted average price of $0.811, with individual prices ranging from $0.7903 to $0.88.
• Following these transactions, Volkow directly owns 516,852 shares of Urgent.ly Inc. common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports routine stock sales under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment towards the company's future.

Industry Context

This filing is a routine disclosure of insider trading activity. It's important to consider the context of the trading plan and the overall financial health of Urgent.ly when interpreting the significance of these sales.

Stakeholder Impact

• The stock sales could have a minor impact on shareholder sentiment, depending on how investors interpret the director's actions.
• The sales are unlikely to have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

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