Director at UFP Technologies (UFPT) receives 802 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OBERDORF THOMAS reported acquisition or exercise transactions in this Form 4 filing.
UFP Technologies director Thomas Oberdorf received an equity grant of 802 restricted stock units (RSUs) of Common Stock at no cash cost, as director compensation. The RSUs were issued under the company’s 2009 Non-Employee Director Stock Incentive Plan.
The award vests in full on May 31, 2027, provided he continues to serve as a director through that date. After this grant, Oberdorf holds a total of 13,219 shares of UFP Technologies common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
OBERDORF THOMAS
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 — 13,219 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 802 units
Grant price: $0.00 per share
Post-transaction holdings: 13,219 shares
+2 more
5 metrics
RSU grant size
802 units
Restricted stock units granted to director on June 4, 2026
Grant price
$0.00 per share
Equity award made at no cash cost to director
Post-transaction holdings
13,219 shares
Total UFP Technologies common shares held directly after grant
Par value
$0.01 per share
Par value of UFP Technologies Common Stock
Vesting date
May 31, 2027
RSUs vest 100% on this date if service continues
Key Terms
restricted stock units, 2009 Non-Employee Director Stock Incentive Plan, vest, Common Stock, $.01 Par Value
4 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.
Common Stock, $.01 Par Value financial
"security_title: Common Stock, $.01 Par Value"
FAQ
What insider transaction did UFP Technologies (UFPT) report for Thomas Oberdorf?
UFP Technologies reported that director Thomas Oberdorf received a grant of 802 restricted stock units of Common Stock as director compensation. The grant was made at no cash cost to him and increases his direct equity stake in the company.
When do Thomas Oberdorf’s new UFP Technologies (UFPT) restricted stock units vest?
The 802 restricted stock units granted to director Thomas Oberdorf vest 100% on May 31, 2027. Vesting is conditioned on his continued service as a director of UFP Technologies through that vesting date, aligning the award with ongoing board tenure.
What plan governs the UFP Technologies (UFPT) equity award to Thomas Oberdorf?
The restricted stock units granted to Thomas Oberdorf were issued under UFP Technologies’ 2009 Non-Employee Director Stock Incentive Plan. This plan provides equity-based compensation to non-employee directors, delivering value in company stock rather than cash retainers or bonuses.
Is the UFP Technologies (UFPT) grant to Thomas Oberdorf a market purchase or compensation award?
The transaction is a compensation-related award, not an open-market stock purchase. The Form 4 shows transaction code A, indicating a grant of 802 restricted stock units at a price of $0.00 per share, reflecting a non-cash equity incentive.