STOCK TITAN
  1. Home
  2. Sec-filings
  3. UFPI
  4. [Form 4] UFP INDUSTRIES INC Insider Trading Activity

UFP Industries (UFPI) director awarded 639 Phantom Stock Units as equity compensation

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

Rhea-AI Filing Summary

UFP Industries director Benjamin J. McLean received a grant of 639 Phantom Stock Units tied to the company’s common stock. The units were valued at $85.18 per unit and convert on a 1-for-1 basis into common shares.

The Phantom Stock Units are payable in shares following McLean’s termination of service as a director. After this award, he holds a total of 14,803 Phantom Stock Units. The reported total includes 44 additional units credited based on a dividend paid on March 16, 2026.

Positive

  • None.

Negative

  • None.
Insider McLean Benjamin J.
Role null
Type Security Shares Price Value
Grant/Award Phantom Stock Unit 639 $85.18 $54K
Holdings After Transaction: Phantom Stock Unit — 14,803 shares (Direct, null)
Footnotes (1)
  1. 1 for 1 Shares issuable following termination of service as a director. Includes 44 shares credited based on dividend payment on March 16, 2026
Phantom Stock Unit grant 639 units Grant to director on May 1, 2026
Grant value per unit $85.18 per unit Phantom Stock Unit reference price
Total Phantom Units after grant 14,803 units Holdings following the reported transaction
Underlying common shares 639 shares 1-for-1 conversion into common stock
Dividend-based credits 44 units Units credited from March 16, 2026 dividend
Conversion ratio 1 for 1 Phantom Stock Units to common stock
Phantom Stock Unit financial
"security_title: "Phantom Stock Unit""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Shares issuable following termination of service as a director financial
"Shares issuable following termination of service as a director."
dividend payment financial
"Includes 44 shares credited based on dividend payment on March 16, 2026"
Form 4 Insider Transactions: What Each Field Means →
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*
McLean Benjamin J.
(Last)(First)(Middle)
2801 E BELTLINE AVE NE
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026		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)05/01/2026A639 (2) (2)Common Stock639$85.1814,803(3)D
Explanation of Responses:
1. 1 for 1
2. Shares issuable following termination of service as a director.
3. Includes 44 shares credited based on dividend payment on March 16, 2026
Katherine L. Karel05/05/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did UFP Industries (UFPI) director Benjamin McLean report on this Form 4?

Benjamin J. McLean reported receiving 639 Phantom Stock Units of UFP Industries as a grant. These derivative units track the company’s common stock and were valued at $85.18 per unit, increasing his total Phantom Stock Unit holdings to 14,803 units after the transaction.

Is the UFP Industries (UFPI) Form 4 transaction a stock purchase or a compensation grant?

The Form 4 reflects a compensation-related grant, not an open-market stock purchase. McLean received 639 Phantom Stock Units as a grant or award, classified under transaction code A, which indicates an acquisition through grant or similar compensation arrangement rather than a market trade.

How many UFP Industries (UFPI) Phantom Stock Units does Benjamin McLean hold after this grant?

After the reported grant, McLean holds 14,803 Phantom Stock Units linked to UFP Industries common stock. This figure includes the newly granted 639 units as well as 44 additional units credited based on a dividend payment that occurred on March 16, 2026.

What is the conversion ratio for UFP Industries (UFPI) Phantom Stock Units reported in this filing?

The Phantom Stock Units convert into UFP Industries common stock on a 1-for-1 basis. This means each of the 639 Phantom Stock Units granted is linked to one share of common stock, aligning the economic value of the units with the company’s share price performance.

When are Benjamin McLean’s UFP Industries (UFPI) Phantom Stock Units payable?

The Phantom Stock Units are issuable following McLean’s termination of service as a director of UFP Industries. Until that termination event occurs, the units remain as bookkeeping entries that mirror the value of the company’s common stock rather than current, issued shares.

How were dividends treated in Benjamin McLean’s UFP Industries (UFPI) Phantom Stock Units?

The filing notes that 44 Phantom Stock Units were credited based on a dividend payment made on March 16, 2026. This indicates the phantom plan credits additional units in connection with dividends, helping the award track the total return of UFP Industries’ common stock.