STOCK TITAN

Ultralife (ULBI) director Bradford Whitmore adds 108,878 shares in open-market buys

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

Rhea-AI Filing Summary

Ultralife Corp director and 10% owner Bradford T. Whitmore, through Whitmore Holdings, LLC, made substantial open-market purchases of ULBI common stock. Whitmore Holdings bought a total of 108,878 shares between May 21 and May 26, 2026 at weighted average prices of about $6.13 to $6.81 per share.

After these trades, Whitmore Holdings owned 2,050,637 shares indirectly for Whitmore. Separate entries show 4,452,283 shares held indirectly through Sunray I, LLC and 205,915 shares held directly as of May 21, 2026, indicating a large overall ownership position in Ultralife.

Positive

  • None.

Negative

  • None.

Insights

Entities linked to Bradford Whitmore added 108,878 Ultralife shares via open-market buys.

Whitmore Holdings, LLC, managed by Bradford T. Whitmore, purchased 108,878 shares of Ultralife common stock in three open-market transactions between May 21 and May 26, 2026, at prices from about $6.13 to $6.81 per share.

Form 4 data show Whitmore’s indirect holdings via Whitmore Holdings at 2,050,637 shares after these trades, alongside 4,452,283 shares held indirectly through Sunray I, LLC and 205,915 shares held directly as of May 21, 2026. The purchases increase an already sizable stake, but the added shares are a small portion of the total reported holdings.

Insider WHITMORE BRADFORD T
Role null
Bought 108,878 shs ($715K)
Type Security Shares Price Value
Purchase Common Stock 67,302 $6.8137 $459K
Purchase Common Stock 8,700 $6.3295 $55K
Purchase Common Stock 32,876 $6.1343 $202K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 2,050,637 shares (Indirect, By Whitmore Holdings, LLC); Common Stock — 205,915 shares (Direct, null)
Footnotes (1)
  1. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.97 to $6.359. 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 $6.2953 to $6.3995. 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 $6.6399 to $6.9499. 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.
Total shares purchased 108,878 shares Open-market buys between May 21–26, 2026
May 21 purchase 32,876 shares at $6.1343/share Indirect via Whitmore Holdings, LLC
May 22 purchase 8,700 shares at $6.3295/share Indirect via Whitmore Holdings, LLC
May 26 purchase 67,302 shares at $6.8137/share Indirect via Whitmore Holdings, LLC
Whitmore Holdings position 2,050,637 shares Indirect Ultralife holdings after May 26, 2026
Sunray I, LLC holdings 4,452,283 shares Indirect Ultralife holdings as of May 21, 2026
Direct holdings 205,915 shares Ultralife shares held directly as of May 21, 2026
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect beneficial owner financial
"Bradford T. Whitmore is the indirect beneficial owner of these shares"
weighted average price financial
"The price reported is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"with respect to all transactions reported on this Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
10% owner regulatory
"reportingPersons field marks Whitmore as a ten percent owner"
SEC Form 4
FORM 4UNITED 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*
WHITMORE BRADFORD T

(Last)(First)(Middle)
5215 OLD ORCHARD ROAD
SUITE 970

(Street)
SKOKIE ILLINOIS 60077

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ULTRALIFE CORP [ ULBI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/21/2026P32,876A$6.1343(1)1,974,635I(2)By Whitmore Holdings, LLC
Common Stock05/22/2026P8,700A$6.3295(3)1,983,335I(2)By Whitmore Holdings, LLC
Common Stock05/26/2026P67,302A$6.8137(4)2,050,637I(2)By Whitmore Holdings, LLC
Common Stock205,915D
Common Stock4,452,283I(5)By SUNRAY I, LLC
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.97 to $6.359. 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.
2. 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.
3. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.2953 to $6.3995. 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.
4. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.6399 to $6.9499. 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.
5. As manager of Sunray I, LLC, Bradford T. Whitmore is an indirect beneficial owner of 4,452,283 shares of Common Stock.
Bradford T. Whitmore05/26/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Bradford T. Whitmore report for ULBI?

Whitmore, through Whitmore Holdings, LLC, reported three open-market purchases totaling 108,878 Ultralife (ULBI) common shares between May 21 and May 26, 2026. These buys were executed at weighted average prices between about $6.13 and $6.81 per share.

At what prices were the recent ULBI insider share purchases made?

The reported Ultralife (ULBI) insider purchases used weighted average prices of $6.1343, $6.3295, and $6.8137 per share. Footnotes note each represented multiple trades within narrow ranges around those averages, with full trade-by-trade detail available on request to the reporting person.

How many ULBI shares does Whitmore Holdings own after these transactions?

After the reported purchases, Whitmore Holdings, LLC held 2,050,637 Ultralife (ULBI) common shares indirectly for Bradford T. Whitmore. This reflects the cumulative position in that entity following the May 21–26, 2026 open-market buying activity disclosed in the Form 4.

What additional ULBI holdings are associated with Bradford T. Whitmore?

Beyond Whitmore Holdings’ stake, the filing shows 4,452,283 Ultralife (ULBI) shares held indirectly through Sunray I, LLC and 205,915 shares held directly as of May 21, 2026. Together, these entries indicate a large overall ownership position linked to Whitmore.

Are the ULBI purchases direct or indirect holdings of Bradford T. Whitmore?

The newly purchased Ultralife (ULBI) shares are held indirectly through Whitmore Holdings, LLC. Footnotes explain Whitmore is manager of Whitmore Holdings and trustee of the trust that is its sole member, making him the indirect beneficial owner of those shares.

Does the ULBI Form 4 mention any derivative securities or options?

The Form 4’s derivative summary is empty, indicating no derivative transactions or remaining derivative positions were reported in this filing. All disclosed activity involves non-derivative Ultralife (ULBI) common stock held directly or indirectly through entities associated with Bradford T. Whitmore.