UFP Industries CFO granted 18 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 received a grant of 18 phantom stock units on UFP Industries common stock. These units were awarded at a reference price of $81.00 per unit under the company’s Deferred Compensation Plan. Each phantom stock unit is linked on a 1-for-1 basis to a share of common stock and is payable in shares upon Cole’s death, disability, or retirement. Following this grant, Cole holds a total of 32,432 phantom stock units directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 18 | $81.00 | $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, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did UFP Industries (UFPI) report for CFO Michael R. Cole?
What are the terms of the phantom stock units granted to the UFP Industries CFO?
How many phantom stock units does the UFP Industries CFO hold after this grant?
Was the UFP Industries CFO’s Form 4 transaction a stock purchase or sale?
How are UFP Industries phantom stock units under the Deferred Compensation Plan settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.