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

Director Ben Volkow of Urgent.ly Inc. sold 2,178 shares of common stock at an average price of $0.4422 on February 26, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On February 26, 2025, Ben Volkow, a director of Urgent.ly Inc., sold 2,178 shares of common stock.
• The sale was executed at a weighted average price of $0.4422 per share.
• The transactions occurred at prices ranging from $0.42 to $0.4785.
• The sale was conducted under a Rule 10b5-1 trading plan adopted on November 20, 2023.
• Following the transaction, Volkow directly owns 339,406 shares of Urgent.ly Inc. common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine stock sale by a director under a pre-arranged trading plan. There's no indication of positive or negative implications for the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like directors and officers, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.

Stakeholder Impact

• The stock sale by a director could have a minor impact on shareholder confidence, but the existence of a 10b5-1 trading plan mitigates concerns about insider information.

Key Dates