Urgent.ly Inc.·4

Apr 28, 9:43 PM ET

Pollock Ryan 4

Research Summary

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Urgent.ly (ULYX) Director Ryan Pollock Sells 9,111 Shares

What Happened

  • Ryan Pollock, a director of Urgent.ly, reported dispositions totaling 9,111 shares related to the company's acquisition by Agero. On 2026-04-25 he tendered 7,885 shares in the change-of-control process, and on 2026-04-28 1,226 shares (RSUs) were cancelled and paid out. Under the merger terms each share was exchanged for $5.50 in cash, so the combined cash value is approximately $50,111. These were merger-related dispositions (not open-market sales).

Key Details

  • Transaction dates and price: 2026-04-25 (disposition in change of control) and 2026-04-28 (disposition to issuer for RSUs); Offer Price = $5.50 per share (per Merger Agreement).
  • Shares disposed: 7,885 (4/25) + 1,226 (4/28) = 9,111 shares; approximate proceeds = $50,110.50 (~$50,111).
  • Shares owned after transaction: Form 4 does not report a remaining open position; the dispositions were part of the tender/merger process and RSUs were cashed out at closing.
  • Notable footnotes:
    • Merger Agreement with Agero, Inc.; Purchaser completed tender offer and merged effective 4/28/2026 (F2).
    • Each share tendered or underlying each RSU was paid $5.50 in cash (F3, F6).
    • The RSUs accelerated and were cancelled in exchange for cash at the Offer Price (F4, F6).
    • Administrative corrections noted: certain small share counts were inadvertently included/excluded in prior reports (F1, F5).
  • Filing timeliness: Form 4 filed 2026-04-28 reporting transactions on 4/25 and 4/28; no late filing is indicated.

Context

  • These dispositions arise from a change of control and the merger/tender offer, not routine open-market selling. RSUs accelerated and were cashed out at the deal price, so the transactions reflect merger consideration rather than a director signaling buy/sell sentiment.