Form 4: Urgent.ly Director Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Urgent.ly Inc. Director Ben Volkow sold a total of 1,356 shares of common stock in August 2025 under a pre-arranged Rule 10b5-1 trading plan.
Summary
- Ben Volkow, a Director and 10% Owner of Urgent.ly Inc. (ULY), reported sales of common stock.
- On August 20, 2025, 800 shares of common stock were sold at a weighted average price of $4.5853 per share.
- On August 21, 2025, an additional 556 shares of common stock were sold at a weighted average price of $4.5488 per share.
- These sales were executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Volkow on November 20, 2023.
- Following these transactions, Mr. Volkow's direct beneficial ownership stands at 14,393 shares of common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. While insider selling can be perceived negatively, the execution under a Rule 10b5-1 plan, adopted well in advance, mitigates concerns that the sales are based on adverse non-public information. It reflects pre-planned financial management rather than a reaction to company-specific news.
Positives
- The sales were conducted under a pre-arranged Rule 10b5-1 trading plan, adopted on November 20, 2023, indicating the transactions were not based on new, non-public information.
Negatives
- Director Ben Volkow reduced his direct beneficial ownership in Urgent.ly Inc. by a total of 1,356 shares.
Risks
- Potential for negative market perception regarding insider selling, even if pre-planned, which could put downward pressure on the stock price.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This Form 4 filing reports an individual insider transaction and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders may view the reduction in insider ownership with slight caution, although the pre-planned nature of the sales under a 10b5-1 plan generally lessens the negative signal often associated with insider selling.
Key Dates
| Date | Description |
|---|---|
| 11/20/2023 | Date the Rule 10b5-1 trading plan was adopted by Ben Volkow. |
| 08/20/2025 | Date of transaction for the sale of 800 shares of common stock. |
| 08/21/2025 | Date of transaction for the sale of 556 shares of common stock. |
| 08/22/2025 | Date the Form 4 was signed and filed. |
Keywords
Urgent.ly Inc., ULY, Ben Volkow, Insider Sale, Form 4, 10b5-1 Plan, Director, Stock Transaction, Equity Sales
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