UFP Technologies SVP reports new stock awards
UFP Technologies Senior Vice President Christopher P. Litterio reported stock-based awards tied to company performance and service.
Rhea-AI Filing Summary
UFP Technologies Senior Vice President Christopher P. Litterio reported stock-based awards tied to company performance and service. On February 10, 2026, he acquired 821 shares of common stock at $0, reflecting performance-based restricted stock units granted on February 11, 2025 under the 2003 Incentive Plan.
He also acquired 1,215 shares at $0 from time-based stock unit awards granted on February 10, 2026. After these awards, he directly held 12,792 shares of common stock. The performance units vest in thirds each March 1 from 2026 through 2028, and the time-based units vest in thirds each March 1 from 2027 through 2029, contingent on continued employment.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $.01 Par Value | 821 | $0.00 | $0.00 |
| Grant/Award | Common Stock, $.01 Par Value | 1,215 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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 the continuous employ of the Issuer through each such respective vesting date.
- F2. 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 one-third of the shares on March 1, 2027 and with respect to an additional one-third on each of March 1, 2028 and 2029, so long as the recipient is in the continuous employ of the Issuer through each such respective vesting date.
FAQ
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What insider transaction did UFPT executive Christopher Litterio report?
What are the vesting terms of the February 2025 performance-based units at UFPT?
What are the vesting terms of the February 2026 time-based stock units at UFPT?
Is the UFPT executive’s stock award tied to performance conditions?
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