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UFP Industries (UFPI) executive granted stock and phantom unit awards

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

Rhea-AI Filing Summary

UFP Industries reported that Scott A. Worthington, President of UFP Packaging, acquired equity-based awards. On February 19, 2026, he received 585 Phantom Stock Units at $110.55 per unit and 1,778 shares of common stock at $110.55 per share as grants. The phantom units accrue under the company’s Deferred Compensation Plan on a 1-for-1 basis and are payable in common shares upon death, disability, or retirement. The filing also notes 13,025 shares of common stock held indirectly as deferred compensation interest.

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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*
Worthington Scott A

(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 Packaging
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 1,778 A $110.55 118,351 D
Common Stock 13,025 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 17,383 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 upon 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) report for Scott A. Worthington?

UFP Industries reported that Scott A. Worthington received grants of 585 Phantom Stock Units and 1,778 shares of common stock on February 19, 2026, both at $110.55 per unit or share, as part of his compensation awards.

What are the Phantom Stock Units granted to the UFP Industries executive?

The 585 Phantom Stock Units granted to the executive are accrued under UFP Industries’ Deferred Compensation Plan on a 1-for-1 basis and are payable in shares of common stock when he dies, becomes disabled, or retires from the company.

How many UFP Industries common shares did Scott A. Worthington receive in this Form 4?

Scott A. Worthington received 1,778 shares of UFP Industries common stock as a grant or award on February 19, 2026, at a reference price of $110.55 per share, increasing his directly held common stock balance to 118,351 shares.

What does the Form 4 say about Scott A. Worthington’s indirect holdings in UFP Industries?

The Form 4 shows an indirect holding of 13,025 UFP Industries common shares for Scott A. Worthington, described as “Deferred Comp Interest.” This reflects shares associated with deferred compensation rather than directly purchased or sold stock transactions.

Are the UFP Industries Form 4 transactions open-market buys or sales?

The reported transactions are grants or awards, not open-market buys or sales. Both the Phantom Stock Units and common shares use transaction code A, described as a grant, award, or other acquisition to the executive, under company compensation arrangements.

When will the Phantom Stock Units reported by UFP Industries be settled?

The Phantom Stock Units will be settled in UFP Industries common shares upon Scott A. Worthington’s death, disability, or retirement. Until then, they exist as deferred compensation units that track the company’s common stock on a 1-for-1 basis.
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