Booth Matthew 4
Research Summary
AI-generated summary
Urgent.ly CEO Matthew Booth Receives Award of 23,000 RSUs
What Happened
- Matthew Booth, CEO of Urgent.ly Inc. (ULYX), was granted 23,000 restricted stock units (RSUs) on April 8, 2026. The filing reports an acquisition value of $5.40 per share, totaling $124,200. This was an award/compensation grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and filing: Grant dated 2026-04-08; Form 4 filed 2026-04-10 (timely).
- Price and value: $5.40 per share; aggregate reported value $124,200.
- Shares owned after transaction: Not specified in this Form 4.
- Vesting / footnote: The RSUs vest in four equal annual installments beginning April 8, 2027 (per footnote).
- Filing type: Form 4 (insider reporting); no 10b5-1 plan, tax-withholding, or cashless-sale notes were reported.
Context
- RSUs are a form of equity compensation that convert into shares as they vest; they do not represent immediately tradable shares until vested and delivered. Grants like this are common for executive compensation and are routine; they don't by themselves indicate the insider's buying or selling sentiment.