ZYNGIER ALEXANDRE 4
4 · Urgent.ly Inc. · Filed Apr 28, 2026
Research Summary
AI-generated summary of this filing
Urgent.ly (ULYX) Director Alexandre Zyngier Sells Shares
What Happened
- Alexandre Zyngier, a director of Urgent.ly Inc. (ULYX), disposed of a total of 2,499 shares represented by restricted stock units (RSUs) in connection with the company's merger/tender offer. The shares were converted to cash under the Merger Agreement at an Offer Price of $5.50 per share, for aggregate consideration of approximately $13,744.50 (before withholding).
Key Details
- Transactions:
- 2026-04-25: Disposition in change of control (U) — 556 shares.
- 2026-04-28: Disposition to issuer (D) — 1,943 shares.
- Price: Cash-out pursuant to the Merger Agreement at $5.50 per share (footnote disclosure); Form 4 shows "N/A" for trade price because RSUs were cancelled for cash.
- Total proceeds: 2,499 shares × $5.50 = $13,744.50 (subject to withholding for taxes).
- Shares owned after transaction: Not specified on this Form 4.
- Relevant footnotes: Transactions arose from the Agreement and Plan of Merger with Agero, Inc.; each RSU vested/accelerated and was cancelled in exchange for cash equal to Offer Price × shares; payment subject to tax withholding.
- Filing: Reported on Form 4 filed 2026-04-28 (covers the April 25 and April 28 dispositions).
Context
- These were RSUs cashed out as part of a corporate change of control (merger/tender offer), not open-market sales. Such cash-outs are routine outcomes of M&A and reflect the deal terms rather than an insider trading signal.
- The cash received is without interest and subject to withholding for taxes as noted in the filing.
Insider Transaction Report
Form 4Exit
Urgent.ly Inc.ULYX
ZYNGIER ALEXANDRE
Director
Transactions
- Disposition from Tender
Common Stock
[F1][F2][F3]2026-04-25−556→ 1,943 total - Disposition to Issuer
Common Stock
[F3][F4]2026-04-28−1,943→ 0 total
Footnotes (4)
- [F1]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").
- [F2]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").
- [F3]The shares are represented by restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer common stock.
- [F4]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 Issuer common stock subject to the RSUs.
Signature
/s/ Matthew Booth, by power of attorney|2026-04-28