Form 4: Urgent.ly Inc. Director Ben Volkow Sells Shares Under 10b5-1 Trading Plan
SEC Form 4
Director Ben Volkow of Urgent.ly Inc. executed sales of common stock on April 26 and April 29, 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 April 26 and April 29, 2024.
- The sales were executed under a Rule 10b5-1 trading plan adopted on November 20, 2023.
- On April 26, 2024, 3,000 shares were sold at a weighted average price of $1.6264, with individual prices ranging from $1.57 to $1.68.
- On April 29, 2024, 1,600 shares were sold at a weighted average price of $1.6588, with individual prices ranging from $1.61 to $1.75.
- Following these transactions, Volkow directly owns 536,844 shares of Urgent.ly Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports routine stock sales under a pre-arranged trading plan, without indicating any specific positive or negative implications for the company.
Industry Context
This filing is a routine disclosure of insider trading activity. It doesn't provide specific insights into Urgent.ly's performance or strategy but indicates the trading activity of a key insider.
Key Dates
| Date | Description |
|---|---|
| November 20, 2023 | Date the reporting person adopted the Rule 10b5-1 trading plan |
| 04/26/2024 | Date of first reported transaction: sale of 3,000 shares |
| 04/29/2024 | Date of second reported transaction: sale of 1,600 shares |
| 04/30/2024 | Date of Form 4 filing |
Keywords
Form 4, Urgent.ly Inc., Ben Volkow, stock sale, Rule 10b5-1, director, ULY, trading plan
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