OBERDORF THOMAS 4
Research Summary
AI-generated summary
UFP Technologies (UFPT) Director Thomas Oberdorf Receives Award
What Happened
- Thomas Oberdorf, a director of UFP Technologies, was granted 802 restricted stock units (RSUs) on June 4, 2026. The filing reports the grant at $0.00 per share (total $0) — typical for RSU awards that settle in common stock rather than requiring an upfront purchase.
Key Details
- Transaction date: 2026-06-04; filing date: 2026-06-08 (timely within SEC rules).
- Grant: 802 RSUs at $0.00 per share (total reported value $0).
- Vesting: 100% of the units vest on May 31, 2027, but only if the recipient remains a director through that date (per footnote F1).
- Plan: Issued under the issuer's 2009 Non-Employee Director Stock Incentive Plan.
- Shares owned after transaction: not specified in the provided excerpt—see the full Form 4 for post-transaction beneficial ownership.
Context
- RSU grants are a common form of non-cash compensation for directors and convert to shares upon vesting; they are not the same as an open-market purchase or sale and do not by themselves indicate immediate buying/selling intent.