BAILLY R JEFFREY 4

4 · UFP TECHNOLOGIES INC · Filed Feb 12, 2026

AI-generated summary of this filing

Updated Feb 12, 2026

UFP Technologies CEO Jeffrey R. Bailly Receives RSU Awards

What Happened

Jeffrey R. Bailly, CEO and Director of UFP Technologies (UFPT), was granted two awards totaling 26,489 restricted stock units (7,428 and 19,061 units) on or reported as of Feb 10, 2026. These were recorded at $0 per share because they are equity awards (RSUs) rather than open‑market purchases. The awards will convert to common shares only upon vesting according to the schedules below.

Key Details

Transaction dates/prices: Feb 10, 2026 (reported Feb 12, 2026); 7,428 RSUs @ $0.00 (performance‑based); 19,061 RSUs @ $0.00 (time‑based).
Vesting: The 7,428 RSUs are performance‑based (originally granted Feb 11, 2025) and vested determination was made Feb 10, 2026; they vest 1/3 on Mar 1, 2026, 1/3 on Mar 1, 2027, and 1/3 on Mar 1, 2028, subject to continued service. The 19,061 RSUs are time‑based and vest 100% on June 4, 2027, subject to continued service.
Shares owned after transaction: The filing notes the reporting person also indirectly holds 28,706 shares via a trust (he disclaims beneficial ownership except to the extent of any pecuniary interest). The RSUs are unvested and not yet settled into shares.
Filing: Report filed Feb 12, 2026 for transactions on Feb 10, 2026. No late‑filing indication in the report.
Nature of transaction: Code A (award/grant). These are compensation awards, not purchases or sales.

Context

RSUs are compensation that convert to actual shares only after vesting; they require no cash outlay by the insider at grant. Performance‑based and time‑based awards differ: performance RSUs required achievement of targets (now determined met) while time RSUs vest after continued service. Such awards are routine executive compensation and do not directly signal a market buy or sell.

Form 4

Period: 2026-02-10

DirectorCEO

Transactions

Footnotes (3)

[F1]Represents restricted stock units granted on February 11, 2025, under the Issuer's 2003 Incentive Plan subject to satisfaction of performance targets that are to be settled solely in shares of common stock. The transaction date represents the date on which the Issuer's Compensation Committee determined the performance targets were achieved. The units vest with respect to one-third of the shares on March 1, 2026 and with respect to an additional one-third on each of March 1, 2027 and 2028, so long as the recipient is in a continuing business relationship through each such vesting date.
[F2]Represents stock unit awards granted on February 10, 2026, under the Issuer's 2003 Incentive Plan the vesting under which is solely time-based, that are to be settled solely in shares of common stock. The units vest with respect to 100% of the shares on June 4, 2027, so long as the recipient is in a continuing business relationship through such vesting date.
[F3]The reporting person also holds 28,706 shares of UFP Technologies, Inc. indirectly by Trust. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of any or all of the reported shares for purposes of Section 16 or any other purpose.

Signature

Patrick J. Kinney, Jr., as attorney-in-fact for R. Jeffrey Bailly|2026-02-12

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