Director Marc D. Kozin receives 802 RSUs at UFP Technologies (UFPT)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KOZIN MARC D reported acquisition or exercise transactions in this Form 4 filing.
UFP Technologies director Marc D. Kozin received an equity award in the form of restricted stock units. He was granted 802 RSUs that will be settled in shares of common stock under the company’s 2009 Non-Employee Director Stock Incentive Plan.
The units vest 100% on May 31, 2027, as long as he continues serving as a director through that date. After this grant, he holds a total of 28,112 shares of UFP Technologies common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KOZIN MARC D
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 — 28,112 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 802 units
Shares after transaction: 28,112 shares
Grant price: $0.00 per share
+1 more
4 metrics
RSUs granted
802 units
Restricted stock units granted on June 4, 2026
Shares after transaction
28,112 shares
Total direct common stock holdings after grant
Grant price
$0.00 per share
Equity award granted at no cash cost to director
RSU vesting date
May 31, 2027
100% of units vest if director continues service
Key Terms
restricted stock units, 2009 Non-Employee Director Stock Incentive Plan, vest
3 terms
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 in shares"
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.
FAQ
What did UFP Technologies (UFPT) disclose in this Form 4?
UFP Technologies reported an equity award to director Marc D. Kozin. He received 802 restricted stock units that will settle in common shares, granted under the 2009 Non-Employee Director Stock Incentive Plan, with vesting tied to continued board service.
When do Marc D. Kozin’s UFP Technologies RSUs vest?
The 802 restricted stock units vest in full on May 31, 2027. Vesting is contingent on Kozin continuing to serve as a director of UFP Technologies through that date, aligning his compensation with long-term board service and shareholder interests.
Under which plan were the UFP Technologies RSUs granted to Marc D. Kozin?
The 802 restricted stock units were granted under UFP Technologies’ 2009 Non-Employee Director Stock Incentive Plan. This plan provides equity-based compensation to outside directors, with awards typically settled in shares of common stock after satisfying vesting conditions.