Form 4: Urgent.ly Inc. Director Ryan Pollock Reports Acquisition and Disposal of Common Stock

Director Ryan Pollock reports acquiring 77,320 shares of Urgent.ly Inc. common stock and disposing of 91,484 shares on June 26, 2024.

Summary

• On June 26, 2024, Ryan Pollock, a director of Urgent.ly Inc., acquired 77,320 shares of common stock.
• These shares were acquired through 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.
• On the same day, Pollock disposed of 91,484 shares of common stock.
• Following these transactions, Pollock directly owns 91,484 shares and indirectly owns 920,832 shares through Iron Gate Urgently, LLC.
• Pollock shares investment and voting control over the shares held by Iron Gate Urgently, LLC, as a member of the managing committee of Iron Gate Management, the manager of the LLC.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document primarily reports transactions without providing explicit positive or negative commentary. The disposal of shares is balanced by the acquisition of RSUs.

Positives

• The acquisition of 77,320 shares via RSUs indicates a continued investment and alignment of interests between the director and the company's future performance.

Negatives

• The disposal of 91,484 shares could be interpreted negatively, although the reason for disposal is not specified in the document.

Risks

• The document does not explicitly state the reasons for the disposal of shares, which could lead to speculation and uncertainty among investors.

Future Outlook

The vesting of RSUs on June 26, 2025, or the date of the Issuer's next annual meeting of stockholders, represents a future event that could impact the director's holdings.

Industry Context

This filing is a routine disclosure required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The transactions may influence investor perception of the company's stock, although the specific impact is uncertain without additional context.

Key Dates

Keywords

Urgent.ly Inc., Ryan Pollock, Form 4, Beneficial Ownership, Common Stock, RSUs, Director, Iron Gate Urgently, LLC