STOCK TITAN

UFP Industries (UFPI) CFO receives grant of 18 phantom stock units

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

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.

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Insider COLE MICHAEL R
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Phantom Stock Unit 18 $81.00 $1K
Holdings After Transaction: Phantom Stock Unit — 32,432 shares (Direct, null)
Footnotes (1)
  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.
Phantom stock units granted 18 units Grant to CFO Michael R. Cole on May 29, 2026
Reference price per unit $81.00 per unit Phantom stock unit grant under Deferred Compensation Plan
Total phantom units after grant 32,432 units CFO’s direct phantom stock unit holdings following transaction
Conversion ratio 1 for 1 Each phantom stock unit tied to one share of common stock
Phantom Stock Unit financial
"security_title: "Phantom Stock Unit" and underlying_security_title: "Common Stock""
Deferred Compensation Plan financial
"The phantom stock units were accrued under the Company's Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
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SEC Form 4
FORM 4UNITED 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*
COLE MICHAEL R

(Last)(First)(Middle)
2801 EAST BELTLINE, N.E.

(Street)
GRAND RAPIDS MICHIGAN 49525

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
UFP INDUSTRIES INC [ UFPI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Unit(1)05/29/2026A18 (2) (2)Common Stock18$8132,432D
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. Karel06/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did UFP Industries (UFPI) report for CFO Michael R. Cole?

UFP Industries reported that CFO Michael R. Cole received 18 phantom stock units as a grant. The award was made at a reference price of $81.00 per unit and is part of his compensation under the company’s Deferred Compensation Plan.

What are the terms of the phantom stock units granted to the UFP Industries CFO?

The 18 phantom stock units are accrued under UFP Industries’ Deferred Compensation Plan and are payable in common shares. They become payable upon Michael R. Cole’s death, disability, or retirement, providing deferred, share-settled compensation rather than immediate cash payment.

How many phantom stock units does the UFP Industries CFO hold after this grant?

After receiving the additional 18 phantom stock units, Michael R. Cole holds 32,432 phantom stock units directly. Each unit is tied on a 1-for-1 basis to a share of UFP Industries common stock, forming a deferred equity-based compensation position.

Was the UFP Industries CFO’s Form 4 transaction a stock purchase or sale?

The Form 4 transaction was not a market purchase or sale. It reflects a grant of 18 phantom stock units as compensation, coded as an acquisition (A) under SEC rules, with no open-market buying or selling of UFP Industries common stock involved.

How are UFP Industries phantom stock units under the Deferred Compensation Plan settled?

Phantom stock units accrued under UFP Industries’ Deferred Compensation Plan are settled in shares of the company’s common stock. For Michael R. Cole, the units become payable in stock upon his death, disability, or retirement, aligning compensation with long-term shareholder value.