Phantom stock grant increases UFP Industries (UFPI) chair’s deferred units
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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 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.
Key Figures
Phantom units granted: 15 units
Grant reference price: $92.12 per unit
Total phantom units after grant: 95,265 units
+2 more
5 metrics
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
Key Terms
Phantom Stock Unit, Deferred Compensation Plan, underlying security, Grant, award, or other acquisition
4 terms
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""
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.