Director at UFP Technologies (UFPT) receives 802 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FELDMANN CYNTHIA L reported acquisition or exercise transactions in this Form 4 filing.
UFP Technologies director Cynthia L. Feldmann reported an equity award of 802 restricted stock units. These units were granted at no cash cost under the company’s 2009 Non-Employee Director Stock Incentive Plan and will be settled solely in shares of Common Stock.
The award vests in full on May 31, 2027, if she continues serving as a director through that date. Following this grant, Feldmann holds 5,476 shares of Common Stock directly, giving her additional long-term, stock-based exposure to the company’s performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FELDMANN CYNTHIA L
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 — 5,476 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 802 units
Grant price: $0.00 per share
Shares held after transaction: 5,476 shares
+1 more
4 metrics
Restricted stock units granted
802 units
Grant to director Cynthia L. Feldmann
Grant price
$0.00 per share
Equity award with no cash exercise price
Shares held after transaction
5,476 shares
Common Stock directly owned following the grant
Vesting date
May 31, 2027
100% of restricted stock units vest if service continues
Key Terms
restricted stock units, 2009 Non-Employee Director Stock Incentive Plan, vest, Common Stock
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 financial
"to be settled solely in shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did UFP Technologies (UFPT) report for Cynthia L. Feldmann?
UFP Technologies reported that director Cynthia L. Feldmann received 802 restricted stock units. These are stock-based awards granted at no cash cost, aligning her compensation with shareholder interests through future share settlement.
When do Cynthia L. Feldmann’s 802 restricted stock units at UFP Technologies vest?
The 802 restricted stock units vest 100% on May 31, 2027. Vesting requires Feldmann to continue serving as a director through that date, reinforcing long-term board tenure and alignment with company performance.
What plan governs the restricted stock unit grant reported by UFP Technologies (UFPT)?
The restricted stock unit grant was issued under UFP Technologies’ 2009 Non-Employee Director Stock Incentive Plan. This plan provides stock-based compensation to directors, with awards settled solely in shares of Common Stock rather than cash.