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 August 19 and 20, 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 19 and August 20, 2024.
• The sales were executed under a Rule 10b5-1 trading plan adopted on November 20, 2023.
• On August 19, 2024, 800 shares were sold at a weighted average price of $0.9523, with prices ranging from $0.9349 to $0.9683.
• On August 20, 2024, 2,000 shares were sold at a weighted average price of $0.8839, with prices ranging from $0.8517 to $0.9350.
• Following these transactions, Ben Volkow directly owns 526,152 shares of Urgent.ly Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting the sale of shares by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The use of a 10b5-1 trading plan suggests the sales were pre-planned and not based on current, non-public information.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, potentially leading to a slight decrease in investor confidence.

Key Dates

Keywords

Form 4, Urgent.ly Inc., Ben Volkow, Share Sale, 10b5-1 Trading Plan, Director, ULY, SEC