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[144] Urgent.ly Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

Form 144 notice for Urgent.ly Inc. (ULY) shows a proposed sale of 6,771 common shares through Oppenheimer & Co., with an aggregate market value of $25,391.25. The filing reports the securities were originally acquired in a merger on 10/25/2023 (50,758 shares acquired). The filing lists the issuer's outstanding shares as 1,395,526 and identifies the approximate sale date as 09/18/2025 on NASDAQ. The form also discloses prior dispositions by the reporting person, Ben Volkow, totaling 6,768 shares sold in the past three months for $34,720.68. The notice includes the Rule 144 representation regarding material nonpublic information.

Positive
  • Required disclosure made: The filer submitted a Form 144 detailing the proposed sale under Rule 144.
  • Broker identified: Oppenheimer & Co. is named as the broker handling the proposed sale.
  • Acquisition origin disclosed: The shares were acquired in a merger on 10/25/2023, with the acquisition amount reported (50,758 shares).
  • Recent sales fully reported: Prior dispositions by Ben Volkow in the past three months are itemized with dates and gross proceeds.
Negative
  • Significant insider liquidity: The reporting person sold 6,768 shares in the past three months for $34,720.68, indicating substantial recent insider selling activity.

Insights

TL;DR: A Rule 144 notice discloses a planned sale of 6,771 shares and recent insider sales totaling 6,768 shares.

The filing is a routine Rule 144 notice identifying a proposed block sale via Oppenheimer on NASDAQ with explicit quantities and market value. It confirms the shares were acquired in a merger on 10/25/2023 and that the issuer has 1,395,526 shares outstanding, allowing readers to gauge the size of the sale relative to the float. The report of multiple recent dispositions by Ben Volkow provides transparency on recent insider liquidity activity without additional context in the form.

TL;DR: The filing provides required disclosure under Rule 144; it documents acquisition, planned sale, and recent dispositions by the reporting person.

The document fulfills statutory disclosure obligations, including origin of the shares (merger), broker details, and the signer’s statement about lack of undisclosed material information. For governance review, the record of repeated sales in recent months should be noted for trend analysis, but the form itself contains no statements about intent, hedging, or trading plans beyond the notice.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Urgent.ly Inc. (ULY) Form 144 disclose?

The Form 144 discloses a proposed sale of 6,771 common shares with aggregate market value $25,391.25, broker Oppenheimer & Co., and an approximate sale date of 09/18/2025.

When and how were the shares being sold on the Form 144 acquired?

The filing states the shares were acquired in a merger on 10/25/2023, with an acquisition amount of 50,758 shares.

How many shares has the reporting person sold recently?

The filing lists prior sales by Ben Volkow of 6,768 shares during the past three months, generating total gross proceeds of $34,720.68.

On which exchange is the proposed sale expected to occur?

The Form 144 identifies NASDAQ as the securities exchange for the proposed sale.

What is the issuer's number of shares outstanding according to the filing?

The filing reports 1,395,526 shares outstanding for the issuer.
Urgent.ly

NASDAQ:ULY

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Software - Application
Services-computer Processing & Data Preparation
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United States
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