UFPI (UFPI) CFO receives stock and phantom unit awards in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UFP Industries Chief Financial Officer Michael R. Cole reported multiple equity awards in company stock and phantom stock units. On February 27, 2026, he acquired 14 Phantom Stock Units at $102.91 each and 2,188 shares of Common Stock at $110.55 per share, both held directly.
On February 26, 2026, he also acquired 179 shares of Common Stock at $110.55 per share through an indirect interest labeled "Executive Stock Grant Plan." Additional indirect holdings are reported under a "401(k) Plan." The phantom stock units are accrued under the Deferred Compensation Plan and are payable in common shares upon death, disability, or retirement on a 1-for-1 basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
COLE MICHAEL R
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 14 | $102.91 | $1K |
| Grant/Award | Common Stock | 2,188 | $110.55 | $242K |
| Grant/Award | Common Stock | 179 | $110.55 | $20K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock Unit — 32,381 shares (Direct);
Common Stock — 178,185 shares (Direct);
Common Stock — 27,621 shares (Indirect, Executive Stock Grant Plan)
Footnotes (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.
FAQ
What did UFP Industries (UFPI) CFO Michael R. Cole report on this Form 4?
Michael R. Cole reported equity awards in both common stock and phantom stock units. The filing shows multiple grants on February 26 and 27, 2026, increasing his direct and indirect holdings through compensation and deferred compensation plans rather than open-market purchases or sales.
What phantom stock unit award did the UFPI CFO disclose?
The CFO disclosed an award of 14 Phantom Stock Units at $102.91 each on February 27, 2026. These units accrue under the company’s Deferred Compensation Plan and are payable in an equal number of common shares upon the reporting person’s death, disability, or retirement, according to the footnote.
What indirect UFP Industries (UFPI) holdings were reported for the CFO?
Cole reported indirect ownership of 179 shares of Common Stock via an "Executive Stock Grant Plan" at $110.55 per share, with 27,621 shares indirectly held after that transaction. He also listed 29,895 indirectly held shares associated with a "401(k) Plan" as a separate beneficial ownership category.
Does this UFPI Form 4 show any insider sales by the CFO?
The Form 4 shows only grant or award acquisitions and no reported sales. All coded transactions use code A for grant, award, or other acquisition, and the transaction summary indicates three acquisition events, zero disposals, and one holding entry with an unknown transaction code.