Urgent.ly Inc. CEO Ben Volkow Sells More Than $6,000 In Stock By Investing.com

Urgent.ly Inc. (NASDAQ:ULY) CEO Ben Volkow recently sold a portion of his shares in the company, with transactions totaling more than $6,000. The sales were made on two separate days, and share prices ranged between $1.62 and $1.91.

The first sale occurred on June 13, 2024, when Volkow sold 2,700 shares of Urgent.ly Inc. common stock at a weighted average price of $1.7772 per share. The second sale took place the next day, June 14, with 800 shares sold at a weighted average price of $1.8059 per share. The combined sales resulted in a total transaction value of more than $6,243.

It is important for investors to note that these sales were executed pursuant to a Rule 10b5-1 trading plan, which Volkow had adopted on November 20, 2023. Such a plan allows company insiders to establish planned transactions in advance at a time when they are not in possession of material non-public information, providing a defense against allegations of insider trading.

Following these transactions, Ben Volkow’s stake in Urgent.ly Inc. amounts to 507,766 shares. Price ranges for these sales were provided in accordance with regulatory requirements, with the exact number of shares sold at each price available upon request from the issuer, any security holder, or the SEC staff.

Investors and followers of Urgent.ly Inc. can stay informed of new insider trades by following SEC filings and company announcements.

This article has been generated and translated with the support of AI and reviewed by an editor. For more information, see our T&Cs.