UFP Technologies Inc.
02/24/2026 | Press release | Distributed by Public on 02/24/2026 15:41
Material Agreement (Form 8-K)
Item 1.01 Entry into a Material Definitive Agreement.
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"). Effective January 1, 2026, the Amendment:
1.Extends the term of the Supply Agreement by two additional years through December 31, 2029.
2.Materially increases the annual minimum volumes for the largest program for 2028 and 2029.
3.Adds an additional program to the Supply Agreement.
4.Provides volume-based pricing based on certain minimum purchase thresholds and cost-sharing provisions.
The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, which is attached hereto as Exhibit 10.1 and is incorporated by reference herein. For the full text of the Supply Agreement, please refer to the Form 8-K filed by the Company with the SEC on March 18, 2024.
UFP Technologies Inc. published this content on February 24, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on February 24, 2026 at 21:42 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]