Form 4: Urgent.ly Inc. Director Ben Volkow Sells Shares

Sentiment:

SEC Form 4 Filing


Director Ben Volkow of Urgent.ly Inc. sold a total of 11,000 shares of common stock in two transactions on February 24 and 25, 2025, at weighted average prices of $0.45 and $0.4268, respectively.

Summary

  • Ben Volkow, a director at Urgent.ly Inc., reported the sale of common stock.
  • On February 24, 2025, 7,900 shares were sold at a weighted average price of $0.45, with prices ranging from $0.44 to $0.4675.
  • On February 25, 2025, 3,100 shares were sold at a weighted average price of $0.4268, with prices ranging from $0.42 to $0.4506.
  • The sales were executed under a Rule 10b5-1 trading plan adopted on November 20, 2023.
  • Following these transactions, Volkow directly owns 341,584 shares of Urgent.ly Inc. common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard disclosure of stock sales under a pre-arranged trading plan. It doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

This filing is a routine disclosure of insider trading activity. It's important to monitor such filings to understand the sentiment of company insiders regarding the company's prospects.

Stakeholder Impact

  • The stock sale could have a minor negative impact on shareholder sentiment, but the effect is likely limited due to the pre-planned nature of the transactions.

Key Dates

DateDescription
2023-11-20Date of adoption of Rule 10b5-1 trading plan
2025-02-24Date of first stock sale
2025-02-25Date of second stock sale
2025-02-26Date of Form 4 filing

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