UFP Industries CFO granted phantom stock units
COLE MICHAEL R reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
COLE MICHAEL R reported acquisition or exercise transactions in this Form 4 filing.
UFP Industries Chief Financial Officer Michael R. Cole reported receiving a grant of 15 phantom stock units on common stock, valued at $92.12 per unit. These units were accrued under the Company’s Deferred Compensation Plan, are payable in shares of common stock, and bring his reported phantom stock holdings to 32,397 units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 15 | $92.12 | $1K |
Footnotes (2)
- F1. 1 for 1
- F2. The phantom stock units were accrued under the Company's Deferred Compensation Plan and are payable in shares of the Company's common stock until the reporting person's death, disability or retirement.
Key Figures
Key Terms
Phantom Stock Unit financial
Deferred Compensation Plan financial
grant/award acquisition financial
underlying security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did UFP Industries (UFPI) report for its CFO?
Was the UFPI CFO’s Form 4 transaction a stock purchase or sale?
How are the UFPI phantom stock units for the CFO settled?
What is the conversion rate of UFPI phantom stock units to common stock?
How many phantom stock units does the UFPI CFO hold after this grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.