4/A: Urgent.ly Inc. Director James M. Micali Amends Ownership Report to Correct Share Amounts and Remove Erroneous Sale Transactions
Ownership Disclosure Amendment
James M. Micali, a director at Urgent.ly Inc., filed an amended Form 4 to correct the number of shares beneficially owned and remove previously reported sale transactions that did not occur.
Summary
- Director James M. Micali filed an amended Form 4 to correct a previous filing regarding his beneficial ownership of Urgent.ly Inc. stock.
- The amendment corrects the amount of shares previously reported as 572,508 to 91,484.
- The amended form also removes two reported sale transactions from the original filing as these sales did not occur.
- Following the correction, Micali beneficially owns 91,484 shares of Urgent.ly Inc. common stock directly.
- 77,320 of these shares are represented by restricted stock units (RSUs) that vest on the earlier of June 26, 2025, or the date of the Issuer's next annual meeting of stockholders.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't convey strong positive or negative sentiment, but the correction of errors is a neutral event.
Industry Context
This filing is a routine disclosure related to insider trading and ownership, and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The correction of the share amounts ensures accurate information for shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 06/26/2024 | Date of transaction involving common stock and RSUs. |
| 06/28/2024 | Date of original Form 4 filing that was amended. |
| 06/26/2025 | Vesting date for restricted stock units (RSUs), or earlier if the Issuer's next annual meeting of stockholders occurs before this date. |
| 08/23/2024 | Date of amended Form 4 filing. |
Keywords
Form 4, amendment, beneficial ownership, Urgent.ly Inc., ULY, James M. Micali, director, restricted stock units, RSUs
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