Form 4: Urgent.ly Inc. Director Ben Volkow Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Director Ben Volkow of Urgent.ly Inc. executed sales of common stock on April 21 and 22, 2025, 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 21 and April 22, 2025.
- The sales were executed under a Rule 10b5-1 trading plan adopted on November 20, 2023.
- On April 21, 2025, 400 shares were sold at a weighted average price of $4.5827, with prices ranging from $4.53 to $4.735.
- On April 22, 2025, 600 shares were sold at a weighted average price of $4.665, with prices ranging from $4.55 to $4.795.
- Following these transactions, Volkow directly owns 25,025 shares of Urgent.ly Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock sales under a pre-arranged trading plan, without indicating any fundamental change in the company's prospects.
Industry Context
This filing is a routine disclosure of stock sales by a company insider and doesn't necessarily indicate a broader trend within the roadside assistance or mobility services industry.
Stakeholder Impact
- The stock sales may have a minor impact on shareholders due to the increased supply of shares in the market.
Key Dates
| Date | Description |
|---|---|
| 2023-11-20 | Date the reporting person adopted the Rule 10b5-1 trading plan |
| 2025-04-21 | Date of first reported transaction: Sale of 400 shares |
| 2025-04-22 | Date of second reported transaction: Sale of 600 shares |
| 2025-04-23 | Date of Form 4 filing |
Keywords
Form 4, Urgent.ly Inc., Ben Volkow, stock sale, Rule 10b5-1, director, ULY
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