Christopher P. Litterio departed as General Counsel, Secretary, and Senior Vice President of Human Resources at UFP TECHNOLOGIES INC.
“Christopher P. Litterio, General Counsel, Secretary, and Senior Vice President of Human Resources, informed UFP Technologies, Inc., a Delaware corporation (the “ Company ”), that he plans to retire from the Company after a period of transition.”
Ryan Stafford was appointed as General Counsel, Senior Vice President of Human Resources, and Secretary at UFP TECHNOLOGIES INC.
“On June 4, 2026, the Company announced that it had appointed Ryan Stafford as the Company’s General Counsel, Senior Vice President of Human Resources, and Secretary, effective June 4, 2026.”
Mitchell C. Rock was appointed as Chief Executive Officer at UFP TECHNOLOGIES INC.
“appointment of Mitchell C. Rock as the Company’s Chief Executive Officer”
Shareholder Votes
UFP TECHNOLOGIES INC shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2026-06-04 meeting.
“The stockholders ratified the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026, by the votes set forth in the table below:”
Shareholder Votes
UFP TECHNOLOGIES INC shareholders approved Advisory Vote on Executive Compensation at the 2026-06-04 meeting.
“The stockholders approved, a non-binding advisory, resolution to approve executive compensation, as described in the Proxy Statement, by the votes set forth in the table below:”
Shareholder Votes
UFP TECHNOLOGIES INC shareholders approved Election of Directors at the 2026-06-04 meeting.
“The stockholders elected seven (7) nominees for director to serve until the Company’s 2027 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified, by the votes set forth in the table below:”
Christopher P. Litterio departed as General Counsel, Secretary, and Senior Vice President of Human Resources at UFP TECHNOLOGIES INC.
“On May 19, 2026, Christopher P. Litterio, General Counsel, Secretary, and Senior Vice President of Human Resources, informed UFP Technologies, Inc., a Delaware corporation (the “ Company ”), that he plans to retire from the Company after a period of transition .”
Earnings Releases
UFP TECHNOLOGIES INC reported first quarter ended March 31, 2026 results: revenue $154.2 million, net income $17.5 million, EPS $2.24.
“for its first quarter ended March 31, 2026, 1.8% higher than net income of $17.2 million for the first quarter of 2025. Net sales for the quarter ended March 31, 2026 were $154.2 million, 4.1% higher than 2025 first quarter sales of $148.1 million. GAAP and adjusted earnings per diluted common share outstanding ( “ EPS ” ) for the quarter ended March 31, 2026”
Material Agreements
UFP TECHNOLOGIES INC amended Manufacturing Supply Agreement with Intuitive Surgical SARL valued at Extended term to December 31, 2029; materially increased annual minimum volumes for largest program (effective 2026-01-01).
“On February 19, 2026, through a wholly-owned subsidiary, UFP Technologies, Inc. (“UFP” or the “Company”) and Intuitive Surgical SARL, one of the Company’s strategic medical customers (the “Customer”), entered into Amendment No. 27 (the “Amendment”) to the Manufacturing Supply Agreement, dated April 25, 2014 (the “Supply Agreement”, as amended, the “Amended Supply Agreement”).”
Cybersecurity Incidents
UFP TECHNOLOGIES INC disclosed a cybersecurity incident: unauthorized activity involving its information technology systems, impacting billing and label making, with some data exfiltrated. Impact: The incident has not had a material impact on the Company’s financial systems, operations or financial condition; operations continued in all material respects. Company determined it not material. Discovered 2026-02-14.
“As of the date hereof, the incident has not had a material impact on the Company’s financial systems, operations or financial condition.”
Steve Cardin resigned as Vice President and Chief Operating Officer of the MedTech business at UFP TECHNOLOGIES INC.
“On March 15, 2025, Steve Cardin, Vice President and Chief Operating Officer of the MedTech business of UFP Technologies, Inc., a Delaware corporation (the “Company”), tendered his resignation from the Company.”
Earnings Releases
UFP TECHNOLOGIES INC reported first quarter ended March 31, 2024 results: revenue $105.0 million, net income $12.7 million, EPS $1.64 per diluted common share outstanding.
“UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of comprehensive solutions primarily for the medical market, today reported net income of $12.7 million or $1.64 per diluted common share outstanding for its first quarter ended March 31, 2024, compared to net income of $9.7 million or $1.27 per diluted common share outstanding for the first quarter of 2023. Net Sales for the first quarter were $105.0 million compared to 2023 first quarter sales of $97.8 million.”
Material Agreements
UFP TECHNOLOGIES INC amended Amendment with Intuitive Surgical SARL valued at approximately $500 million (effective 2024-03-18).
“On March 18, 2024, through a wholly-owned subsidiary, UFP Technologies, Inc. (“UFP” or the “Company”) and Intuitive Surgical SARL, one of the Company’s strategic medical customers (the “Customer”), entered into that certain amendment (the “Amendment”) to the manufacturing supply agreement dated April 25, 2014 as amended”
Earnings Releases
UFP TECHNOLOGIES INC reported fourth quarter ended December 31, 2023 results: revenue $101.5 million, net income $11.6 million, EPS $1.51 per diluted common share outstanding.
“per diluted common share outstanding, compared to $8.5 million or $1.10 per diluted common share outstanding in the same period of 2022. Sales for the fourth quarter 2023 were $101.5 million, 11.2% higher than 2022 fourth quarter sales of $91.2 million. “I am very pleased with our fourth quarter and full year 2023 results,” said R. Jeffrey Bailly, Chairman & CEO.”
Earnings Releases
UFP TECHNOLOGIES INC reported year ended December 31, 2023 results: revenue $400.1 million, net income $44.9 million, EPS $5.83 per diluted common share outstanding.
“share outstanding for its year ended December 31, 2023, compared to net income of $41.8 million or $5.45 per diluted common share outstanding for 2022. Net sales for 2023 were $400.1 million, 13.1% higher than 2022 sales of $353.8 million. For its fourth quarter ended December 31, 2023, the Company reported net income of $11.6 million or $1.51 per diluted common”
Mitchell C. Rock was appointed as President at UFP TECHNOLOGIES INC.
“On February 6, 2024, the Board of Directors (the “Board”) of UFP Technologies, Inc. (the “Company”) appointed Mitchell C. Rock to President of the Company, effective immediately.”
Earnings Releases
UFP TECHNOLOGIES INC reported the nine-month period ended September 30, 2023 results: revenue $298.6 million, net income $33.3 million.
“Sales for the nine-month period ended September 30, 2023 were $298.6 million compared to sales of $262.6 million in the same period in 2022.”
Earnings Releases
UFP TECHNOLOGIES INC reported the third quarter of 2023 results: revenue $100.8 million, net income $11.7 million.
“reported that adjusted net income increased 13.8% to $11.9 million in the third quarter of 2023 from $10.4 million in the third quarter of 2022. Sales for the third quarter were $100.8 million compared to 2022 third quarter sales of $97.0 million. Adjusted net income increased 44.4% to $35.8 million for the nine-month period ended September 30, 2023 from $24.8 million”
Earnings Releases
UFP TECHNOLOGIES INC reported second quarter ended June 30, 2023 results: net income net income of $11.9 million or $1.55 per diluted common share outstanding.
“On August 1, 2023, UFP Technologies, Inc. issued a press release announcing its financial results for the second quarter ended June 30, 2023.”
Governance Changes
UFP TECHNOLOGIES INC: Amended and restated the Certificate of Incorporation to add officer exculpation, remove references to Series A Junior Participating Preferred Stock, and make clarifying technical amendments (effective 2023-06-07).
“On June 7, 2023, UFP Technologies, Inc. (the “Company”) held its Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders approved to amend and restate the Company’s Certificate of Incorporation (the “Certificate of Incorporation,” and as amended, the “Amended and Restated Certificate of Incorporation”), to (i) add a provision exculpating certain of the Company’s officers from liability in specific circumstances, as permitted by Delaware law, (ii) remove all references to Series A Junior Participating Preferred Stock and (iii) make clarifying technical amendments to certain definitions therein.”
Shareholder Votes
UFP TECHNOLOGIES INC shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-06-07 meeting.
“Proposal No. 4. Ratification of Appointment of Independent Registered Public Accounting Firm. The stockholders ratified the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023, by the votes set forth in the table below:”
Shareholder Votes
UFP TECHNOLOGIES INC shareholders approved Amendment and Restatement of the Company’s Certificate of Incorporation at the 2023-06-07 meeting.
“Proposal No. 3. Amendment and Restatement of the Company’s Certificate of Incorporation. The stockholders approved to amend and restate the Company’s Certificate of Incorporation, to (i) provide for limited exculpation to the Company’s officers, (ii) remove all references to Series A Junior Participating Preferred Stock and (iii) make clarifying technical amendments to certain definitions therein by the votes set forth in the table below:”
Shareholder Votes
UFP TECHNOLOGIES INC shareholders approved Advisory Vote on Executive Compensation at the 2023-06-07 meeting.
“Proposal No. 2. Advisory Vote on Executive Compensation. The stockholders approved a non-binding advisory resolution to approve executive compensation, as described in the Proxy Statement, by the votes set forth in the table below:”
Shareholder Votes
UFP TECHNOLOGIES INC shareholders approved Election of seven nominees for director to serve until the Company's 2024 Annual Meeting at the 2023-06-07 meeting.
“Proposal No. 1. Election of Directors. The stockholders elected seven nominees for director to serve until the Company’s 2024 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified, by the votes set forth in the table below:”
Earnings Releases
UFP TECHNOLOGIES INC reported first quarter ended March 31, 2023 results: revenue $97.8 million, net income $9.7 million, EPS $1.27 per diluted common share.
“UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of comprehensive solutions primarily for the medical market, today reported net income of $9.7 million or $1.27 per diluted common share outstanding for its first quarter ended March 31, 2023, compared to net income of $4.9 million or $0.64 per diluted common share outstanding for the first quarter of 2022. Net Sales for the first quarter were $97.8 million compared to 2022 first quarter sales of $71.2 million.”
“On April 24, 2023, the Board of Directors of UFP Technologies, Inc. (the “ Company ”) approved the Company’s Second Amended and Restated Bylaws (the “ Second A&R Bylaws ”), effective as of such date.”
Earnings Releases
UFP TECHNOLOGIES INC reported its fourth quarter ended December 31, 2022 results: revenue $91.2 million, net income $8.5 million, EPS $1.10 per diluted common share.
“For its fourth quarter ended December 31, 2022, the Company reported net income of $8.5 million or $1.10 per diluted common share outstanding, compared to $3.2 million or $0.42 per diluted common share outstanding in the same period of 2021. Sales for the fourth quarter 2022 were $91.2 million versus 2021 fourth quarter sales of $56.3 million.”
Earnings Releases
UFP TECHNOLOGIES INC reported its year ended December 31, 2022 results: revenue $353.8 million, net income $41.8 million, EPS $5.45 per diluted common share.
“UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of engineered solutions primarily for the medical market, today reported net income of $41.8 million or $5.45 per diluted common share outstanding for its year ended December 31, 2022, compared to net income of $15.9 million or $2.09 per diluted common share outstanding for 2021. Net Sales for 2022 were $353.8 million compared to 2021 sales of $206.3 million.”
Earnings Releases
UFP TECHNOLOGIES INC reported nine-month period ended September 30, 2022 results: revenue $262.6 million, net income $33.3 million, EPS $4.37 per diluted common share outstanding.
“Net income for the nine-month period ended September 30, 2022 was $33.3 million or $4.37 per diluted common share outstanding compared to $12.7 million or $1.67 per diluted common share outstanding for the same period in 2021. Sales for the nine-month period ended September 30, 2022 were $262.6 million compared to sales of $150.0 million for the same period in 2021.”
Earnings Releases
UFP TECHNOLOGIES INC reported third quarter ended September 30, 2022 results: revenue $97.0 million, net income $19.5 million, EPS $2.56 per diluted common share outstanding.
“UFP Technologies, Inc. (Nasdaq: UFPT), an innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market, today reported net income of $19.5 million or $2.56 per diluted common share outstanding for its third quarter ended September 30, 2022, compared to net income of $3.8 million or $0.50 per diluted common share outstanding for the same quarter in 2021. Sales for the third quarter were $97.0 million compared to 2021 third quarter sales of $50.7 million.”
Daniel J. Shaw, Jr. retired as Vice President of Research and Development at UFP TECHNOLOGIES INC.
“Effective as of December 31, 2021, Daniel J. Shaw, Jr., Vice President of Research and Development at UFP Technologies, Inc., a Delaware corporation (the “Company”), will be retiring from his position with the Company.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.