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

Sentiment:

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

DateDescription
11/20/2023Date the Rule 10b5-1 trading plan was adopted by Ben Volkow.
08/20/2025Date of transaction for the sale of 800 shares of common stock.
08/21/2025Date of transaction for the sale of 556 shares of common stock.
08/22/2025Date 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

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.