STOCK TITAN

UFP Technologies (UFPT) director receives 802 restricted stock units vesting in 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CROTEAU DANIEL C reported acquisition or exercise transactions in this Form 4 filing.

UFP Technologies director Daniel C. Croteau received an equity award of 802 restricted stock units of Common Stock. These units were granted at no cash cost to him under the company’s 2009 Non-Employee Director Stock Incentive Plan and will settle solely in shares of Common Stock. The award vests in full on May 31, 2027, provided he continues serving as a director through that date. After this grant, he holds a total of 1,657 shares of UFP Technologies common stock directly.

Positive

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Insider CROTEAU DANIEL C
Role null
Type Security Shares Price Value
Grant/Award Common Stock, $.01 Par Value 802 $0.00 --
Holdings After Transaction: Common Stock, $.01 Par Value — 1,657 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 802 units Restricted stock units granted to director on June 4, 2026
Grant price $0.00 per share Equity award granted at no cash cost to director
Post-transaction holdings 1,657 shares Total UFP Technologies common shares held directly after grant
Vesting date May 31, 2027 RSUs vest 100% on this date if service continues
restricted stock units financial
"Represents restricted stock units issued under the issuer's 2009 Non-Employee Director Stock Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2009 Non-Employee Director Stock Incentive Plan financial
"issued under the issuer's 2009 Non-Employee Director Stock Incentive Plan that are to be settled solely"
vest financial
"The units vest with respect to 100% of the shares on May 31, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Common Stock, $.01 Par Value financial
"security_title: Common Stock, $.01 Par Value"
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SEC Form 4
FORM 4UNITED 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*
CROTEAU DANIEL C

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

(Street)
NEWBURYPORT MASSACHUSETTS 01950

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
UFP TECHNOLOGIES INC [ UFPT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock, $.01 Par Value06/04/2026A802(1)A$01,657D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units issued under the issuer's 2009 Non-Employee Director Stock Incentive Plan that are to be settled solely in shares of Common Stock. The units vest with respect to 100% of the shares on May 31, 2027, so long as the recipient continues as a director of the Issuer through the vesting date.
Patrick J. Kinney, Jr. as attorney-in-fact for Daniel C. Croteau06/08/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did UFP Technologies (UFPT) report for Daniel C. Croteau?

UFP Technologies reported that director Daniel C. Croteau received a grant of 802 restricted stock units. These units are part of his board compensation and will convert into common shares upon vesting, rather than being purchased in the open market.

How many UFP Technologies (UFPT) shares does Daniel C. Croteau hold after this Form 4?

Following the reported grant, Daniel C. Croteau holds 1,657 shares of UFP Technologies common stock directly. This total reflects the addition of 802 restricted stock units that were awarded to him as part of the company’s non-employee director compensation program.

What are the vesting terms of Daniel C. Croteau’s restricted stock units at UFP Technologies (UFPT)?

The 802 restricted stock units vest 100% on May 31, 2027. Vesting is conditional on Daniel C. Croteau continuing to serve as a director of UFP Technologies through that date, at which point the units will be settled solely in shares of common stock.

Did Daniel C. Croteau buy or sell UFP Technologies (UFPT) shares in this Form 4 filing?

The filing shows an acquisition through a grant of 802 restricted stock units, not an open-market buy or sale. The transaction is categorized as a grant or award of stock-based compensation under the company’s non-employee director stock incentive plan.

Under which plan were the UFP Technologies (UFPT) restricted stock units granted to Daniel C. Croteau?

The 802 restricted stock units were granted under UFP Technologies’ 2009 Non-Employee Director Stock Incentive Plan. This plan provides equity-based compensation to non-employee directors, with awards settling solely in shares of common stock upon satisfaction of vesting conditions.