Form 4: Urgent.ly Inc. Director Ben Volkow Sells Shares on the Open Market

Director Ben Volkow of Urgent.ly Inc. executed sales of common stock on May 20 and May 21, 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 May 20 and May 21, 2024.
• The sales were executed under a Rule 10b5-1 trading plan adopted on November 20, 2023.
• On May 20, 2024, 2,500 shares were sold at a weighted average price of $2.2081, with prices ranging from $2.12 to $2.31.
• On May 21, 2024, 2,300 shares were sold at a weighted average price of $2.0409, with prices ranging from $1.96 to $2.13.
• Following these transactions, Ben Volkow directly owns 528,066 shares of Urgent.ly Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider transactions.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• Shareholders may interpret the stock sales as a lack of confidence by the director, although the sales were conducted under a pre-arranged trading plan.

Key Dates

Keywords

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