[Form 4] UFP Technologies Inc Insider Trading Activity

Rhea-AI Filing Summary

Daniel C. Croteau, a director of UFP Technologies, acquired 1,318 shares of common stock on 08/07/2025 at a reported price of $22.36 per share, increasing his direct beneficial ownership to 3,728 shares. The transaction corresponds to the exercise of a stock option with a $22.36 exercise price originally exercisable on 12/16/2015 and expiring on 12/16/2025. The Form 4 was signed by an attorney-in-fact on 08/14/2025.

Positive

• Director increased direct ownership by acquiring 1,318 shares, bringing total direct holdings to 3,728 shares.
• Exercise used existing options with an exercise price equal to the reported transaction price ($22.36), indicating conversion of vested equity rather than an open-market purchase.

Negative

• None.

Insights

Financial Analyst

TL;DR: Director exercised options to acquire 1,318 shares at $22.36, increasing direct holdings to 3,728 shares.

The filing documents a routine insider exercise of previously granted stock options: 1,318 options were exercised at the option exercise price of $22.36, producing 1,318 shares recorded as acquired on 08/07/2025 and raising the reporting person’s direct holdings to 3,728 shares. The option grant referenced was exercisable beginning 12/16/2015 and expires 12/16/2025. This is a non-cash-to-company change in ownership driven by the reporting person’s option exercise.

Corporate Governance Expert

TL;DR: A director converted vested options into shares, a common alignment action between management and shareholders.

The Form 4 shows a director converting vested equity into common stock, a typical retention/alignment mechanism. The transaction was executed by an attorney-in-fact and properly reported. There are no disclosures in this filing of sales, transfers to related parties, or other arrangements; ownership after the transaction is documented as direct beneficial ownership of 3,728 shares.

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

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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 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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025

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	08/07/2025		M		1,318	A	$22.36	3,728	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
Stock Option (Right to Buy)	$22.36	08/07/2025		M			1,318	12/16/2015	12/16/2025	Common Stock, $.01 Par Value	1,318	$0	0	D

Explanation of Responses:

	Patrick J. Kinney, Jr. as attorney-in-fact for Daniel C. Croteau	08/14/2025
	** 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 transaction did UFPT director Daniel C. Croteau report on Form 4?

The Form 4 reports that Daniel C. Croteau acquired 1,318 shares on 08/07/2025, recorded at a price of $22.36 per share.

How many shares does Daniel C. Croteau own after the reported transaction (UFPT)?

Following the reported transaction, Croteau beneficially owns 3,728 shares directly.

Was the acquisition of UFPT shares the result of an option exercise?

Yes. The filing references a stock option with an exercise price of $22.36, exercisable from 12/16/2015 and expiring 12/16/2025, and shows 1,318 options converted into 1,318 shares.

When was the Form 4 signed and who signed it?

The Form 4 was signed on 08/14/2025 by Patrick J. Kinney, Jr. acting as attorney-in-fact for Daniel C. Croteau.

Did the filing indicate any sales or dispositions of UFPT shares by the reporting person?

No. The filing reports an acquisition of shares; there are no dispositions or sales recorded in this Form 4.