LATAILLE RONALD J 4
Research Summary
AI-generated summary
UFP Technologies (UFPT) CFO Ronald LaTaille Receives Stock Unit Award
What Happened
- Ronald J. LaTaille, Chief Financial Officer of UFP Technologies, was granted 4,454 stock unit awards on June 4, 2026. The award price reported is $0.00 (an equity grant, not a purchase). These units are to be settled solely in common stock and vest over three years (one‑third each on Mar 1, 2027, Mar 1, 2028 and Mar 1, 2029) provided continued employment.
Key Details
- Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (timely filing).
- Transaction type/code: A — Award/Grant; number of units: 4,454; price reported: $0.00.
- Vesting: Time‑based, 1/3 on Mar 1 of 2027, 2028 and 2029 (see footnote F1).
- Shares owned after transaction: Reporting person also beneficially owns 38,940 shares indirectly (footnote F2). The 4,454 units are unvested and will convert to shares on vesting.
- No indication of a 10b5‑1 plan, tax withholding sale, or late filing noted.
Context
- This is a standard executive equity compensation award (not a market purchase or sale). Such grants are commonly used for retention and align executive pay with shareholder interests; they do not by themselves signal a buy or sell decision.
- Because the units are unvested and settle in shares over time, they may result in additional outstanding shares if and when they vest and are converted.