{
  "id": 1159738,
  "title": "UFP Technologies executive chairman Bailly sells $4.1m in shares",
  "url": "https://urgent.news/2026/08/16/ufp-technologies-executive-chairman-bailly-sells-4-1m-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-16T00:31:07.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/ufp-technologies-executive-chairman-bailly-sells-41m-in-shares-93CH-4861888"
  },
  "original_language": "en",
  "account": "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.",
  "summary": null,
  "key_points": [
    "R. Jeffrey Bailly sold $4.1 million worth of UFP Technologies shares",
    "Bailly indirectly held 7,240 shares and 374 in trust after sale",
    "UFP Technologies reported record revenue of $173.96 million in Q2 2026"
  ],
  "editors_take": "The sale of $4.1 million in shares by UFP Technologies' executive chairman suggests a possible shift in his investment strategy despite the company's recent record revenue and strong earnings.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}