R. Jeffrey Bailly - Mar 3, 2025 Form 4 Insider Report for UFP TECHNOLOGIES INC (UFPT)

Role: CEO, Director
Signature: Patrick J. Kinney, Jr., as attorney-in-fact for R. Jeffrey Bailly
Stock symbol: UFPT
Transactions as of: Mar 3, 2025
Transactions value $: -$2,110,428
Form type: 4
Date filed: 3/5/2025, 07:48 PM
Previous filing: Feb 12, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UFPT	Common Stock, $.01 Par Value	Tax liability	-$2.11M	-9.81K	-6.05%	$215.24	152K	Mar 3, 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares withheld to cover tax liability with respect to stock unit awards granted in 2022, 2023 and 2024 that vested on March 3, 2025.
F2	The reporting person also holds 28,706 shares of UFP Technologies, Inc. indirectly by Trust. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of any or all of the reported shares for purposes of Section 16 or any other purpose.

Content

Represents shares withheld to cover tax liability with respect to stock unit awards granted in 2022, 2023 and 2024 that vested on March 3, 2025.

The reporting person also holds 28,706 shares of UFP Technologies, Inc. indirectly by Trust. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of any or all of the reported shares for purposes of Section 16 or any other purpose.