UFP Technologies (UFPT) Director Joseph Hassett Receives Award (RSUs)

What Happened Joseph John Hassett, a director of UFP Technologies, was granted 802 restricted stock units (RSUs) on 2026-06-04. The Form 4 reports an "A" (award/acquisition) for 802 shares at $0.00 (total reported cash value $0). This was a compensation award to a director, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (reporting period 2026-06-04).
• Grant: 802 RSUs @ $0.00 (award code A); reported cash value $0.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote: RSUs issued under the 2009 Non-Employee Director Stock Incentive Plan; units will be settled solely in shares of common stock and vest 100% on May 31, 2027, provided the recipient remains a director (see footnote F1).
• No indication in this filing of a 10b5-1 plan, tax withholding, or sale of shares related to the award.

Context RSUs are a form of equity compensation that convert into actual shares upon vesting; recipients do not receive shares immediately and generally incur tax consequences at settlement. Director RSU grants are common as part of non-employee director pay and are typically routine compensation rather than a direct signal of personal trading conviction.