Ultralife Corp (ULBI) director-linked entities add 187K+ shares
Rhea-AI Filing Summary
Ultralife Corp director and 10% owner Bradford T. Whitmore, through Whitmore Holdings, LLC, reported open-market purchases of a total of 187,512 shares of Common Stock over three days. The shares were bought at weighted average prices of $5.9663, $6.3244, and $6.759 per share.
Following these purchases, Whitmore Holdings, LLC held 1,941,759 shares. Separately, the filing shows 205,915 shares held directly and 4,452,283 shares held indirectly through SUNRAY I, LLC, where Whitmore is an indirect beneficial owner.
Positive
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Negative
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Insights
Large insider entity increased its Ultralife stake via open-market purchases.
The filing shows Whitmore Holdings, LLC, associated with director and 10% owner Bradford T. Whitmore, buying 187,512 Ultralife common shares in open-market transactions at prices between roughly $5.82 and $7.04 per share. These are discretionary purchases rather than option exercises or tax-related moves.
After these transactions, Whitmore Holdings, LLC held 1,941,759 shares, alongside 205,915 shares held directly and 4,452,283 shares held through SUNRAY I, LLC, where Whitmore is an indirect beneficial owner. This indicates a substantial, actively maintained position, although the economic impact depends on Ultralife’s overall share count and is not quantified here.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 53,131 | $6.759 | $359K |
| Purchase | Common Stock | 100,640 | $6.3244 | $636K |
| Purchase | Common Stock | 33,741 | $5.9663 | $201K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.8209 to $6.0799. The reporting person undertakes to provide, upon request by the staff of the SEC, the issuer, or a security holder of the issuer, full information regarding the number of shares transacted at each price, with respect to all transactions reported on this Form 4. As manager of Whitmore Holdings, LLC (and trustee of Bradford Whitmore Trust, the sole member of Whitmore Holdings, LLC), Bradford T. Whitmore is the indirect beneficial owner of these shares. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.03 to $6.5635. The reporting person undertakes to provide, upon request by the staff of the SEC, the issuer, or a security holder of the issuer, full information regarding the number of shares transacted at each price, with respect to all transactions reported on this Form 4. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.34 to $7.0405. The reporting person undertakes to provide, upon request by the staff of the SEC, the issuer, or a security holder of the issuer, full information regarding the number of shares transacted at each price, with respect to all transactions reported on this Form 4. As manager of SUNRAY I, LLC, Bradford T. Whitmore is an indirect beneficial owner of 4,452,283 shares of Common Stock.