Manna Michael Edward 4
4 · ULTRALIFE CORP · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Ultralife (ULBI) CEO Michael Manna Buys 2,000 Shares
What Happened
Michael Edward Manna, President, CEO and a director of Ultralife Corp (ULBI), made two open-market purchases on March 12, 2026, acquiring 1,800 shares at $6.01 ($10,818) and 200 shares at $6.03 ($1,206), for a combined total of 2,000 shares and ~$12,024. These were outright purchases (transaction code P), which represent insider buying rather than a sale.
Key Details
- Transaction dates and prices: 2026-03-12 — 1,800 shares @ $6.01; 200 shares @ $6.03.
- Total shares acquired: 2,000; total spent: $12,024.
- Transaction type: Open-market purchase (code P).
- Shares owned after transaction: Not stated in the provided filing.
- Footnotes/plan: No 10b5-1 plan, tax withholding, or other special footnotes were indicated in the reported transactions.
- Filing timeliness: Form 4 filed on 2026-03-16 for the 2026-03-12 trades; this filing date appears to meet the SEC’s typical two-business-day reporting requirement (no late filing flagged).
Context
Insider purchases are often viewed by investors as a positive signal because executives are buying company stock with their own money, but they are not proof of future performance. This report reflects straightforward open-market buying by the CEO rather than option exercises, gifts, or automated 10b5-1 plan sales.
Insider Transaction Report
- Purchase
Ultralife Common Stock; $.10 par value
2026-03-12$6.01/sh+1,800$10,818→ 26,674 total - Purchase
Ultralife Common Stock; $.10 par value
2026-03-12$6.03/sh+200$1,206→ 26,874 total