UFPI (UFPI) insider awarded common stock and phantom units in plans
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UFP Industries reporting person Robert Paul Guerre received equity-based awards. On February 27, he acquired 14 phantom stock units at $102.91 per unit, accrued under the Deferred Compensation Plan and payable in common shares upon death, disability, or retirement. On February 26, he was granted 132 shares of common stock at $110.55 per share through an Executive Stock Grant Plan, held indirectly, and updated direct and 401(k) plan holdings were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Guerre Robert Paul
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 14 | $102.91 | $1K |
| Grant/Award | Common Stock | 132 | $110.55 | $15K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock Unit — 1,149 shares (Direct);
Common Stock — 551 shares (Indirect, Executive Stock Grant Plan);
Common Stock — 2,465 shares (Direct)
Footnotes (1)
- 1 for 1 The phantom stock units were accrued under the Company's Deferred Compensation Plan and are payable in shares of the Company's common stock upon the reporting person's death, disability, or retirement.
FAQ
What insider transactions did UFPI reporting person Robert Paul Guerre report?
Robert Paul Guerre reported equity awards, not open-market trades. He acquired 14 phantom stock units at $102.91 each and 132 common shares at $110.55 per share through company plans, plus updated direct and 401(k) plan share balances.
How many UFPI phantom stock units did Robert Paul Guerre receive?
He received 14 phantom stock units, each valued at $102.91. These units were accrued under UFP Industries’ Deferred Compensation Plan and are payable in shares of common stock upon his death, disability, or retirement, aligning compensation with long-term company performance.
What common stock grant did UFPI’s reporting person receive under the Executive Stock Grant Plan?
He was granted 132 shares of UFP Industries common stock at $110.55 per share. These shares are reported as indirectly owned under an Executive Stock Grant Plan, reflecting compensation awarded in equity rather than a purchase on the open market.
How did Robert Paul Guerre’s derivative holdings in UFPI change after the Form 4 transactions?
Following the award of 14 phantom stock units, his total derivative holdings reached 1,149 units. These phantom units track UFP Industries’ common stock value and are ultimately settled in shares when specified events like death, disability, or retirement occur.