secwatch.observer — SEC 8-K summary
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Issuer:     UFP TECHNOLOGIES INC (UFPT)
CIK:        0000914156
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0001171843-25-000897
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UFP Technologies approves FY2025 executive base salary increases and stock unit awards
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- CEO Bailly base salary raised to $789,000; President Rock to $525,000; CFO Lataille to $485,000, effective Jan 1, 2025.
- CEO Bailly granted 11,515 threshold stock units plus 5,758 target and 5,758 exceptional units.
- CEO 2025 cash bonus target set at $828,450 (105% of base salary); max $1,656,900.
- Other NEOs' cash bonus targets set at 40%-65% of base salary, with discretionary adjustment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/914156/000117184325000897/0001171843-25-000897-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/914156/000117184325000897/f8k_021825.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-000897

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer