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Phantom stock grant increases UFP Industries (UFPI) chair’s deferred units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

UFP Industries Executive Chairman Matthew J. Missad received a grant of 15 phantom stock units. These units were awarded under the company’s Deferred Compensation Plan at a reference price of $92.12 per unit and are payable in an equal number of common shares upon death, disability, or retirement.

Following this award, Missad holds 95,265 phantom stock units in total. This is a non-cash, compensation-related acquisition rather than an open-market stock purchase or sale.

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Insider MISSAD MATTHEW J
Role Executive Chairman
Type Security Shares Price Value
Grant/Award Phantom Stock Unit 15 $92.12 $1K
Holdings After Transaction: Phantom Stock Unit — 95,265 shares (Direct)
Footnotes (1)
  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.
Phantom units granted 15 units Award under Deferred Compensation Plan on March 31, 2026
Grant reference price $92.12 per unit Phantom stock unit award valuation
Total phantom units after grant 95,265 units Executive Chairman holdings following transaction
Underlying common shares 15 shares 1-for-1 conversion from phantom units to common stock
Conversion ratio 1 for 1 Each phantom stock unit equals one common share
Phantom Stock Unit financial
"security_title: "Phantom Stock Unit""
Deferred Compensation Plan financial
"accrued under the Company's Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
underlying security financial
"underlying_security_title: "Common Stock""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MISSAD MATTHEW J

(Last)(First)(Middle)
2801 EAST BELTLINE, N.E.

(Street)
GRAND RAPIDS MICHIGAN 49525

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
UFP INDUSTRIES INC [ UFPI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Unit(1)03/31/2026A15 (2) (2)Common Stock15$92.1295,265D
Explanation of Responses:
1. 1 for 1
2. 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.
Katherine L. Karel04/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did UFP Industries (UFPI) report for Matthew J. Missad?

UFP Industries reported that Executive Chairman Matthew J. Missad received 15 phantom stock units. These were granted as compensation, not bought on the market, and are tied to future payment in common shares under the company’s Deferred Compensation Plan upon death, disability, or retirement.

How many phantom stock units does the UFPI Executive Chairman hold after this grant?

After the latest grant, the Executive Chairman holds 95,265 phantom stock units. These units track the value of UFP Industries common stock and are payable in an equal number of shares at specified future events such as death, disability, or retirement under the plan’s terms.

Is the UFPI phantom stock unit grant a stock purchase or sale?

The phantom stock unit grant is a compensation award, not a stock purchase or sale. It represents a deferred right to receive UFP Industries common shares in the future, rather than an immediate open-market trade, and therefore does not change public share float directly at grant time.

What is the conversion ratio for UFPI phantom stock units in this award?

Each phantom stock unit converts into one share of UFP Industries common stock. The filing notes a 1-for-1 relationship, meaning the 15 phantom units granted correspond to 15 underlying common shares deliverable when plan conditions like death, disability, or retirement are met.

At what reference price were the UFPI phantom stock units granted?

The phantom stock units were granted at a reference price of $92.12 per unit. This price is used for accounting and compensation valuation purposes and reflects the underlying common stock value at the grant date, rather than creating an immediate cash transaction for the insider.