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UFP Technologies Approves Executive Salary Increases and Bonuses

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UFP Technologies Approves Executive Salary Increases and Bonuses

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Ufp Technologies ( (UFPT) ) has shared an announcement.

On February 11, 2025, the Compensation Committee of UFP Technologies, a company involved in the production of custom-engineered components for specialized markets, approved increases in the base salaries of its named executive officers effective January 1, 2025. Alongside salary adjustments, stock unit awards were granted to the executive officers, which are subject to performance objectives and vesting requirements. The Compensation Committee also established a 2025 performance bonus plan for CEO R. Jeffrey Bailly and other executive officers, linking bonuses to financial and individual performance goals.

More about Ufp Technologies

YTD Price Performance: 4.59%

Average Trading Volume: 94,663

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.98B

Learn more about UFPT stock on TipRanks’ Stock Analysis page.

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