CROTEAU DANIEL C 4
4 · UFP TECHNOLOGIES INC · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
UFP Technologies (UFPT) Director Daniel Croteau Receives Award
What Happened
Director Daniel Croteau received an award of 802 restricted stock units (RSUs) reported as an acquisition on June 4, 2026. The grant is reported at $0.00 on the Form 4 (i.e., an RSU award, not an open‑market purchase or sale). The units will be settled solely in common shares if and when they vest.
Key Details
- Transaction date: 2026-06-04; Form 4 filed 2026-06-08 (filing appears timely).
- Award: 802 restricted stock units (transaction code A); reported price $0.00; reported aggregate cost $0.
- Vesting: 100% of the units vest on May 31, 2027, subject to continued service as a director (per footnote referencing the 2009 Non‑Employee Director Stock Incentive Plan).
- Settlement: RSUs will be settled solely in shares of common stock when vested.
- Shares owned after transaction: not specified in the filing.
Context
RSUs are a form of equity compensation for non‑employee directors and represent a promise to deliver shares at vesting rather than an immediate purchase of stock. Such grants are routine compensation and do not, by themselves, indicate buying or selling sentiment; the actual economic outcome will depend on UFP Technologies’ stock price at the vesting/settlement date.
Insider Transaction Report
- Award
Common Stock, $.01 Par Value
[F1]2026-06-04+802→ 1,657 total
Footnotes (1)
- [F1]Represents restricted stock units issued under the issuer's 2009 Non-Employee Director Stock Incentive Plan that are to be settled solely in shares of Common Stock. The units vest with respect to 100% of the shares on May 31, 2027, so long as the recipient continues as a director of the Issuer through the vesting date.