Urgent.ly (ULYX) director cashes out in $5.50-per-share merger
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Urgent.ly Inc. director Gina Domanig reported disposing of all her common stock in connection with the company’s acquisition. On April 25, 2026, she disposed of 7,229 shares of common stock pursuant to a tender offer. On April 28, 2026, she disposed of an additional 1,226 shares to the issuer, leaving her with 0 shares.
Under the merger agreement among Urgent.ly, Agero, Inc. and a subsidiary of Agero, each share of Urgent.ly common stock was exchanged for $5.50 in cash, without interest and subject to withholding taxes. Restricted stock units accelerated, were cancelled at the merger’s effective time, and converted into a cash right based on the same $5.50 per-share offer price.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Domanig Gina
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 1,226 | $0.00 | -- |
| U | Common Stock | 7,229 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct, null)
Footnotes (1)
- Excludes 396 shares of Issuer common stock that were inadvertently included in prior reports due to an administrative error. This Form 4 reports securities disposed of pursuant to the terms of the Agreement and Plan of Merger entered into by and among the Issuer, Agero, Inc. ("Parent") and Medford Hawk, Inc., a wholly-owned subsidiary of Parent ("Purchaser"), dated as of March 13, 2026 (the "Merger Agreement"), pursuant to which the Purchaser completed a tender offer for the shares of Issuer common stock and thereafter merged with and into the Issuer effective as of April 28, 2026 (the "Effective Time"). Pursuant to the Merger Agreement, each share of Issuer common stock was tendered in exchange for $5.50 in cash, without interest and subject to any applicable withholding taxes (the "Offer Price"). The shares are represented by restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer common stock. Includes 393 shares of Issuer common stock that were inadvertently excluded in prior reports due to an administrative error. Pursuant to the Merger Agreement and at the Effective Time, each RSU accelerated vesting in full and was cancelled in exchange for the right to receive an amount in cash, without interest and subject to withholding for all required taxes, equal to the product obtained by multiplying (i) the Offer Price by (ii) the total number of shares of common stock subject to the RSUs.
Key Figures
Tender-offer disposition: 7,229 shares
Disposition to issuer: 1,226 shares
Offer price: $5.50 per share
+3 more
6 metrics
Tender-offer disposition
7,229 shares
Common stock disposed of on April 25, 2026
Disposition to issuer
1,226 shares
Common stock disposed of on April 28, 2026
Offer price
$5.50 per share
Cash consideration for each Urgent.ly common share
Shares after transactions
0 shares
Total common shares directly owned after dispositions
Excluded prior over-reporting
396 shares
Shares excluded due to prior administrative error
Included prior under-reporting
393 shares
Shares included after earlier administrative omission
Key Terms
Agreement and Plan of Merger, tender offer, Offer Price, restricted stock units ("RSUs"), +1 more
5 terms
Agreement and Plan of Merger regulatory
"pursuant to the terms of the Agreement and Plan of Merger entered into by and among the Issuer, Agero, Inc."
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
tender offer financial
"pursuant to which the Purchaser completed a tender offer for the shares of Issuer common stock"
A tender offer is a proposal made by a person or company to buy shares from existing shareholders at a set price, usually higher than the current market value, within a specific time frame. It matters to investors because it can lead to a change in ownership or control of a company, and shareholders must decide whether to sell their shares at the offered price.
Offer Price financial
"each share of Issuer common stock was tendered in exchange for $5.50 in cash ... (the "Offer Price")"
The offer price is the amount per share that a company or underwriter sets when selling new stock or bonds to investors, like the price tag on an item in a store. It matters because it determines how much investors must pay, shapes the initial market value of the security, and influences whether demand will be strong or weak — which affects early trading performance and potential returns.
restricted stock units ("RSUs") financial
"The shares are represented by restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Effective Time regulatory
"thereafter merged with and into the Issuer effective as of April 28, 2026 (the "Effective Time")"
FAQ
What insider transaction did Urgent.ly (ULY) report for Gina Domanig?
Urgent.ly reported that director Gina Domanig disposed of all her common shares. She tendered 7,229 shares in a tender offer and later disposed of 1,226 shares to the issuer, resulting in reported direct ownership of zero shares after the merger-related transactions.
How were Gina Domanig’s restricted stock units in Urgent.ly (ULY) treated?
Her restricted stock units accelerated vesting at the merger’s effective time and were cancelled. In exchange, she became entitled to a cash payment equal to $5.50 multiplied by the number of underlying shares, without interest and subject to required tax withholding under the merger agreement.
What corporate transaction led to this Urgent.ly (ULY) Form 4 filing?
The filing reflects completion of a merger under an Agreement and Plan of Merger among Urgent.ly, Agero, Inc., and Medford Hawk, Inc. Agero’s subsidiary completed a tender offer for Urgent.ly shares, then merged into Urgent.ly effective April 28, 2026, triggering cash-out of shares and RSUs.