UFPI chair granted stock and phantom units
UFP Industries Executive Chairman Matthew J. Missad reported equity awards on Common Stock and Phantom Stock Units.
Sentiment and the balance of points
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Rhea-AI Filing Summary
UFP Industries Executive Chairman Matthew J. Missad reported equity awards on Common Stock and Phantom Stock Units. He acquired 4,788 shares of common stock and 1,064 phantom stock units at a reference price of $110.55 per unit. The phantom stock units are accrued 1-for-1 under the company’s Deferred Compensation Plan and are payable in common shares upon his death, disability, or retirement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 1,064 | $110.55 | $118K |
| Grant/Award | Common Stock | 4,788 | $110.55 | $529K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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 upon the reporting person's death, disability, or retirement.
FAQ
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What did UFPI Executive Chairman Matthew Missad report in this Form 4 filing?
What are the phantom stock units granted to Matthew Missad at UFPI?
At what price were Matthew Missad’s UFPI grants valued in the Form 4?
How are Matthew Missad’s phantom stock units at UFPI ultimately settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.