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UFP Technologies (UFPT) CEO awarded new performance and time-based stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
BAILLY R JEFFREY

(Last) (First) (Middle)
C/O UFP TECHNOLOGIES, INC.
100 HALE STREET

(Street)
NEWBURYPORT MA 01950

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
UFP TECHNOLOGIES INC [ UFPT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $.01 Par Value 02/10/2026 A 7,428(1) A $0 160,524(3) D
Common Stock, $.01 Par Value 02/10/2026 A 19,061(2) A $0 179,585(3) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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.
2. 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.
3. 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.
Patrick J. Kinney, Jr., as attorney-in-fact for R. Jeffrey Bailly 02/12/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many UFP Technologies (UFPT) shares does the CEO hold after this Form 4?

After the reported grants, CEO R. Jeffrey Bailly directly held 179,585 shares of UFP Technologies common stock. A footnote adds that 28,706 additional shares are held indirectly by a trust, for which he disclaims beneficial ownership except to the extent of any pecuniary interest.

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.
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