UFP Industries (UFPI) awards stock and phantom units to executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UFP Industries reported that Patrick M. Benton, President of UFP Construction, received equity-based awards. On February 19, 2026, he was granted 585 phantom stock units at $110.55 per unit and 4,997 shares of common stock at $110.55 per share, both as grant or award acquisitions.
After these transactions, he directly holds 11,813 phantom stock units and 86,958 shares of common stock. He also has indirect holdings of 173 shares through a 401(k) plan and 17,508 shares classified as deferred compensation interest. The phantom stock units are accrued under the company’s Deferred Compensation Plan and are payable in common shares upon death, disability, or retirement.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Benton Patrick M.
Role
President, UFP Construction
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 585 | $110.55 | $65K |
| Grant/Award | Common Stock | 4,997 | $110.55 | $552K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock Unit — 11,813 shares (Direct);
Common Stock — 86,958 shares (Direct);
Common Stock — 173 shares (Indirect, 401(k) Plan)
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 until the reporting person's death, disability, or retirement.
FAQ
What insider transactions did UFP Industries (UFPI) disclose for Patrick M. Benton?
UFP Industries disclosed that Patrick M. Benton received equity awards rather than open-market trades. He was granted 585 phantom stock units and 4,997 shares of common stock on February 19, 2026, classified as grant or award acquisitions under transaction code A.
How many UFP Industries (UFPI) phantom stock units did Patrick M. Benton receive?
Patrick M. Benton received 585 phantom stock units from UFP Industries. These units were granted at a reference value of $110.55 per unit and are accrued under the company’s Deferred Compensation Plan, payable in common shares upon his death, disability, or retirement.
What are Patrick M. Benton’s total direct holdings in UFP Industries (UFPI) after these awards?
After these awards, Patrick M. Benton directly holds 11,813 phantom stock units and 86,958 shares of UFP Industries common stock. These positions reflect his accumulated equity-based compensation as an executive, separate from additional indirect interests reported through retirement and deferred compensation arrangements.
How are UFP Industries (UFPI) phantom stock units under the Deferred Compensation Plan settled?
The phantom stock units are accrued under UFP Industries’ Deferred Compensation Plan and settled in common shares. According to the disclosure, they remain outstanding until Patrick M. Benton’s death, disability, or retirement, at which point they are payable in shares of the company’s common stock.