UFP Technologies executive chairman Bailly sells $4.1m in shares

R. Jeffrey Bailly, the Executive Chairman of UFP Technologies Inc. (NASDAQ: UFPT), initiated the sale of 13,011 shares of the company's common stock on August 10, 2026. The shares were sold at a weighted average price of $315.53 to $317.27 per share, with three separate transactions comprising the sales. Bailly indirectly held 7,240 shares and 374 shares in trust following the transactions, while he directly held 171,200 shares of UFP Technologies common stock.

UFP Technologies reported impressive earnings for the second quarter of 2026, surpassing Wall Street's expectations with adjusted earnings of $2.92 per share, up from an expected $2.37 per share. The company's revenue for the quarter increased by 15.1% to $173.96 million, setting a new record for the company.