secwatch.observer — SEC 8-K summary
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Issuer:     UFP TECHNOLOGIES INC (UFPT)
CIK:        0000914156
Form:       8-K
Filed at:   2026-02-24T23:59:59+00:00
Accession:  0001628280-26-011154
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UFP Tech extends supply pact with Intuitive Surgical to 2029, boosts min volumes
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- Amendment No. 27 extends Manufacturing Supply Agreement term by two years, now through Dec 31, 2029.
- Materially increases annual minimum volumes for the Company's largest program under the agreement in 2028 and 2029.
- Adds a new program to the Supply Agreement, expanding the scope of products supplied to Intuitive Surgical.
- Includes volume-based pricing tied to minimum purchase thresholds and cost-sharing provisions; specific terms redacted as confidential.
- WSUT's fleet of 22 PSVs (19 Brazilian-built) brings Tidewater's total global OSV fleet to 213 and expands Brazil presence to 28 vessels.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/914156/000162828026011154/0001628280-26-011154-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/914156/000162828026011154/ufpt-20260219.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-011154

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