Form 4: Urgent.ly Inc. Director Ben Volkow Sells Shares Under 10b5-1 Trading Plan

Director Ben Volkow of Urgent.ly Inc. executed sales of common stock on January 21 and 22, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Ben Volkow, a director of Urgent.ly Inc., sold shares of common stock on January 21 and 22, 2025.
• The sales were executed under a Rule 10b5-1 trading plan adopted on November 20, 2023.
• On January 21, 2025, 8,800 shares were sold at a weighted average price of $0.4899, with prices ranging from $0.4717 to $0.5351.
• On January 22, 2025, 18,278 shares were sold at a weighted average price of $0.445, with prices ranging from $0.434 to $0.50.
• Following these transactions, Volkow directly owns 366,484 shares of Urgent.ly Inc. common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports stock sales under a pre-existing trading plan, which is a routine activity.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, buy or sell their company's stock; this provides transparency to the market.

Stakeholder Impact

• Shareholders may react to insider selling, although sales under a 10b5-1 plan are generally viewed as less concerning.

Key Dates

Keywords

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