UFP Technologies (UFPT) CEO awarded new performance and time-based stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UFP Technologies CEO R. Jeffrey Bailly reported equity awards of common stock on February 10, 2026. He acquired 7,428 restricted stock units tied to 2025 performance goals and 19,061 time-based stock units granted under the company’s 2003 Incentive Plan, all to be settled in common shares.
Following these grants, Bailly directly held 179,585 shares of common stock. A footnote also notes an additional 28,706 shares held indirectly by a trust, with beneficial ownership disclaimed except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BAILLY R JEFFREY
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $.01 Par Value | 7,428 | $0.00 | -- |
| Grant/Award | Common Stock, $.01 Par Value | 19,061 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $.01 Par Value — 160,524 shares (Direct)
Footnotes (1)
- Represents restricted stock units granted on February 11, 2025, under the Issuer's 2003 Incentive Plan subject to satisfaction of performance targets that are to be settled solely in shares of common stock. The transaction date represents the date on which the Issuer's Compensation Committee determined the performance targets were achieved. The units vest with respect to one-third of the shares on March 1, 2026 and with respect to an additional one-third on each of March 1, 2027 and 2028, so long as the recipient is in a continuing business relationship through each such vesting date. Represents stock unit awards granted on February 10, 2026, under the Issuer's 2003 Incentive Plan the vesting under which is solely time-based, that are to be settled solely in shares of common stock. The units vest with respect to 100% of the shares on June 4, 2027, so long as the recipient is in a continuing business relationship through such vesting date. The reporting person also holds 28,706 shares of UFP Technologies, Inc. indirectly by Trust. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of any or all of the reported shares for purposes of Section 16 or any other purpose.
FAQ
What insider transaction did UFP Technologies (UFPT) report for its CEO?
UFP Technologies reported that CEO R. Jeffrey Bailly acquired equity awards totaling 26,489 common stock units. These consist of performance-based restricted stock units and time-based stock unit awards under the company’s 2003 Incentive Plan, all to be settled solely in shares of common stock.
What are the vesting terms of the 7,428 UFP Technologies (UFPT) performance-based units?
The 7,428 restricted stock units relate to a February 11, 2025 grant subject to performance targets. They vest one-third on March 1, 2026, and one-third on each of March 1, 2027 and 2028, assuming the recipient maintains a continuing business relationship through each vesting date.
What are the vesting terms of the 19,061 time-based UFP Technologies (UFPT) stock units?
The 19,061 stock unit awards were granted February 10, 2026, under the 2003 Incentive Plan. Vesting is solely time-based, with 100% of the underlying shares vesting on June 4, 2027, provided the recipient remains in a continuing business relationship through that vesting date.
Were the UFP Technologies (UFPT) CEO stock awards purchased with cash?
No cash purchase was involved for these CEO awards. The Form 4 shows both the 7,428 and 19,061 common stock units with a transaction price per share of $0, reflecting equity compensation grants rather than open-market or cash-based share purchases.
How are the UFP Technologies (UFPT) CEO’s new awards settled?
Both the performance-based and time-based awards for the UFP Technologies CEO are to be settled solely in common stock. Upon vesting, the restricted stock units and stock unit awards convert into shares of common stock, increasing his equity-based stake without a separate cash transaction.