LATAILLE RONALD J 4
4 · UFP TECHNOLOGIES INC · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
UFP Technologies (UFPT) CFO Ronald J. Lataille Receives Awards
What Happened Ronald J. Lataille, Chief Financial Officer of UFP Technologies, was awarded two stock-unit grants reported on Feb 10, 2026, totaling 5,578 restricted stock units (RSUs). The Form 4 shows acquisitions of 2,463 RSUs and 3,115 RSUs at $0.00 per unit (award grants, not purchases), so there was no cash paid by the reporting person.
Key Details
- Transaction date reported: February 10, 2026; Form 4 filed February 12, 2026 (within the typical 2-business-day reporting window).
- Awards: 2,463 RSUs (performance-based) and 3,115 RSUs (time-based); both to be settled solely in shares of common stock.
- Vesting:
- Performance-based RSUs (2,463): originally granted Feb 11, 2025; Compensation Committee determined performance targets were met on Feb 10, 2026. Vest 1/3 on Mar 1, 2026, then 1/3 on Mar 1, 2027 and Mar 1, 2028, subject to continued employment.
- Time-based RSUs (3,115): granted Feb 10, 2026; vest 1/3 on Mar 1, 2027, then 1/3 on Mar 1, 2028 and Mar 1, 2029, subject to continued employment.
- Shares owned after transaction: the filing notes the reporting person also indirectly owns 38,940 shares; the 5,578 RSUs are outstanding and will convert to shares upon vesting.
Context These transactions are awards (compensation/retention), not open-market purchases or sales. RSUs reported at $0 reflect that they are stock-settled grants rather than cash transactions; they do not represent immediately tradable shares until they vest and are settled. Such awards align executive compensation with company performance and retention but do not provide immediate liquidity or imply a buy/sell decision.
Insider Transaction Report
- Award
Common Stock, $.01 Par Value
[F1][F3]2026-02-10+2,463→ 15,460 total - Award
Common Stock, $.01 Par Value
[F2][F3]2026-02-10+3,115→ 18,575 total
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 the continuous employ of the Issuer through each such respective 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 one-third of the shares on March 1, 2027 and with respect to an additional one-third on each of March 1, 2028 and 2029, so long as the recipient is in the continuous employ of the Issuer through each such respective vesting date.
- [F3]The reporting person also owns 38,940 shares of UFP Technologies, Inc. indirectly.