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UFP Industries (UFPI) awards stock and phantom units to executive

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
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.
SEC Form 4
FORM 4 UNITED 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*
Benton Patrick M.

(Last) (First) (Middle)
2801 EAST BELTLINE NE

(Street)
GRAND RAPIDS MI 49525

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
UFP INDUSTRIES INC [ UFPI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, UFP Construction
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/19/2026 A 4,997 A $110.55 86,958 D
Common Stock 173 I 401(k) Plan
Common Stock 17,508 I Deferred Comp Interest
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock Unit (1) 02/19/2026 A 585 (2) (2) Common Stock 585 $110.55 11,813 D
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 until the reporting person's death, disability, or retirement.
Katherine L. Karel 02/23/2026
** Signature of Reporting Person Date
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.

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 new UFP Industries (UFPI) common shares were awarded to Patrick M. Benton?

Patrick M. Benton was awarded 4,997 shares of UFP Industries common stock. The grant used a reference price of $110.55 per share and is recorded as a grant or award acquisition, increasing his directly owned common stock balance to 86,958 shares following the transaction.

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.

What indirect UFP Industries (UFPI) share holdings does Patrick M. Benton report?

Patrick M. Benton reports two categories of indirect UFP Industries holdings. He has 173 common shares held through a 401(k) plan and 17,508 common shares classified as deferred compensation interest, reflecting retirement-related and deferred compensation arrangements rather than direct trading activity.
Ufp Industries Inc

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UFPI Stock Data

6.39B
57.05M
Lumber & Wood Production
Sawmills & Planting Mills, General
Link
United States
GRAND RAPIDS