STOCK TITAN

UFP Technologies (UFPT) CEO logs tax-withholding of 9,422 vested shares

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

Rhea-AI Filing Summary

UFP Technologies CEO Jeffrey R. Bailly reported a Form 4 transaction showing a tax-withholding disposition of company stock rather than an open-market trade. On stock units that vested on March 2, 2026, 9,422 shares of common stock at $204.30 per share were withheld to cover tax liabilities. After this withholding, he directly owns 170,163 shares of UFP Technologies common stock. A footnote adds that he also has an indirect interest in 28,706 shares held by a trust, for which he disclaims beneficial ownership except to the extent of any pecuniary interest.

Positive

  • None.

Negative

  • None.

Insights

CEO’s Form 4 shows routine tax withholding on vested stock units, not an open-market sale.

The transaction reflects shares withheld to pay taxes on stock unit awards granted in 2023, 2024 and 2025 that vested on March 2, 2026. The code F and description specify payment of tax liability by delivering securities, which is standard for equity compensation.

Because the transaction is for tax withholding, it does not indicate discretionary buying or selling by the CEO. After the disposition of 9,422 shares at $204.30 per share, he continues to hold 170,163 directly owned shares, plus an indirect interest in 28,706 shares held by a trust, where he disclaims full beneficial ownership.

Insider BAILLY R JEFFREY
Role CEO
Type Security Shares Price Value
Tax Withholding Common Stock, $.01 Par Value 9,422 $204.30 $1.92M
Holdings After Transaction: Common Stock, $.01 Par Value — 170,163 shares (Direct)
Footnotes (1)
  1. Represents shares withheld to cover tax liability with respect to stock unit awards granted in 2023, 2024 and 2025 that vested on March 2, 2026. 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.
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)
03/02/2026
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 03/02/2026 F 9,422(1) D $204.3 170,163(2) 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 shares withheld to cover tax liability with respect to stock unit awards granted in 2023, 2024 and 2025 that vested on March 2, 2026.
2. 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 03/04/2026
** 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) CEO Jeffrey Bailly report?

Jeffrey Bailly reported a tax-withholding disposition, not an open-market trade. On March 2, 2026, 9,422 UFP Technologies common shares were withheld at $204.30 per share to satisfy tax obligations related to previously granted stock unit awards that vested on that date.

Was the UFPT CEO’s Form 4 transaction a sale or routine tax withholding?

The UFPT CEO’s Form 4 reflects routine tax withholding. Code F and the description show 9,422 shares were delivered to cover tax liabilities on vested stock units, rather than a discretionary open-market stock sale by Jeffrey Bailly.

How many UFP Technologies shares were withheld for Jeffrey Bailly’s taxes?

A total of 9,422 UFP Technologies common shares were withheld. These shares, valued at $204.30 each, were used to cover tax liabilities related to stock unit awards granted in 2023, 2024 and 2025 that vested on March 2, 2026.

How many UFP Technologies shares does the CEO hold after this Form 4 transaction?

Following the tax-withholding disposition, Jeffrey Bailly directly owns 170,163 UFP Technologies common shares. A footnote also notes 28,706 additional shares held indirectly in a trust, for which he disclaims beneficial ownership except for any pecuniary interest.

What does transaction code F mean in the UFP Technologies CEO’s Form 4?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 9,422 UFP Technologies shares were withheld on March 2, 2026 to satisfy tax obligations on vested stock unit awards, rather than being sold in the market.

What role does the trust play in Jeffrey Bailly’s UFPT share holdings?

A footnote states that 28,706 UFP Technologies shares are held indirectly by a trust associated with Jeffrey Bailly. He formally disclaims beneficial ownership of those securities except to the extent of any pecuniary interest, clarifying his indirect relationship to those shares.