Form 4: Urgent.ly Officer Sells Shares for Tax Obligations
Insider Transaction Report
Urgent.ly Inc.'s Principal Accounting Officer, Andrea Makkai, disposed of 164 common shares to cover tax liabilities from RSU vesting.
Summary
- Andrea Makkai, Principal Accounting Officer of Urgent.ly Inc. (ULY), reported a transaction on November 7, 2025.
- The transaction involved the disposition of 164 shares of Common Stock.
- The shares were disposed of at a price of $2.45 per share.
- This disposition was made to satisfy tax liability in connection with the vesting of restricted stock units (RSUs).
- Following this transaction, Andrea Makkai beneficially owns 12,054 shares of Common Stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine, non-discretionary sale of shares to cover tax obligations related to RSU vesting, which is a common practice for executive compensation and does not indicate a change in company fundamentals or insider sentiment.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
NA
Management Comments
- NA
Industry Context
This filing is specific to an individual insider transaction and does not provide broader industry context or trends.
Comparison to Industry Standards
- NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
Legal Proceedings
- NA
Related Party Transactions
- NA
Stakeholder Impact
- Minimal direct impact on shareholders as this is a small, routine, non-discretionary transaction.
- Employees holding RSUs are routinely impacted by tax implications upon vesting, which this transaction reflects.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 11/07/2025 | Transaction Date for the disposition of shares. |
| 11/10/2025 | Signature Date of the reporting person. |
Recommendation
holdThis Form 4 filing details a routine, non-discretionary sale of shares by a Principal Accounting Officer to cover tax liabilities associated with RSU vesting. Such transactions are common and do not typically reflect a change in the company's fundamental outlook or the insider's long-term view. Therefore, it provides no new information to warrant a change in investment recommendation.
Keywords
Urgent.ly Inc., ULY, Form 4, Insider Transaction, Stock Sale, RSU Vesting, Tax Withholding, Andrea Makkai, Principal Accounting Officer
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