Litterio Christopher P. 4
4 · UFP TECHNOLOGIES INC · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
UFP Technologies (UFPT) SVP Christopher Litterio Receives Stock Awards
What Happened
Christopher P. Litterio, Senior Vice President of UFP Technologies (UFPT), was granted a total of 2,036 restricted stock units (RSUs) reported on Feb 10, 2026. The grant consists of 821 RSUs tied to performance targets (value recorded as $0.00) and 1,215 time-based RSUs (also $0.00); all awards will be settled solely in shares of common stock. These are awards (transaction code A), not open-market purchases or sales.
Key Details
- Transaction date: February 10, 2026; Filing date: February 12, 2026 (file appears timely).
- Awards: 821 performance-based RSUs (originally granted Feb 11, 2025; performance targets deemed met Feb 10, 2026) and 1,215 time-based RSUs (granted Feb 10, 2026). Total = 2,036 RSUs. Reported acquisition price: $0.00.
- Vesting:
- Performance RSUs (821): vest 1/3 on Mar 1, 2026, then 1/3 on Mar 1, 2027 and 1/3 on Mar 1, 2028, subject to continuous employment (Footnote F1).
- Time-based RSUs (1,215): vest 1/3 on Mar 1, 2027, then 1/3 on Mar 1, 2028 and 1/3 on Mar 1, 2029, subject to continuous employment (Footnote F2).
- Settlement: Awards are to be settled solely in common stock.
- Shares owned after the transaction: Not disclosed in the provided filing.
- Tax withholding or other disposition details: None noted in the provided filing.
Context
These RSU grants are compensation awards, not market purchases or sales — they represent potential future common shares subject to vesting conditions (time and/or performance). For retail investors, awards like these are routine executive compensation and do not by themselves signal buying or selling pressure; they simply increase potential future insider share holdings if and when vesting conditions are met.
Insider Transaction Report
- Award
Common Stock, $.01 Par Value
[F1]2026-02-10+821→ 11,577 total - Award
Common Stock, $.01 Par Value
[F2]2026-02-10+1,215→ 12,792 total
Footnotes (2)
- [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.