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. sold 1,256 shares of common stock at an average price of $4.7493 per share under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On April 23, 2025, Ben Volkow, a director of Urgent.ly Inc., sold 1,256 shares of common stock.
- The sale was executed under a Rule 10b5-1 trading plan adopted on November 20, 2023.
- The shares were sold at a weighted average price of $4.7493.
- The price range for individual transactions was between $4.67 and $4.85.
- Following the transaction, Volkow directly owns 23,769 shares of Urgent.ly Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a stock sale by a company director, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to provide transparency when company insiders buy or sell their company's stock.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the existence of a pre-arranged trading plan mitigates concerns about insider information.
Key Dates
| Date | Description |
|---|---|
| November 20, 2023 | Date the reporting person adopted the Rule 10b5-1 trading plan |
| April 23, 2025 | Date of the transaction (sale of shares) |
| April 24, 2025 | Date of the Form 4 filing |
Keywords
Form 4, Urgent.ly Inc., Ben Volkow, Director, Share Sale, Rule 10b5-1, Trading Plan, ULY
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