[Form 4] UFP INDUSTRIES INC Insider Trading Activity
Rhea-AI Filing Summary
MISSAD MATTHEW J reported acquisition or exercise transactions in this Form 4 filing.
UFP Industries Executive Chairman Matthew J. Missad received a grant of 16 phantom stock units tied to the company’s common stock. These units, valued at $90.74 per unit on the grant date, were credited under the company’s Deferred Compensation Plan on a 1-for-1 basis with common shares. Following this award, Missad holds 95,723 phantom stock units, which are payable in UFP Industries common stock upon his death, disability, or retirement. This is a compensation-related, non-market transaction and does not reflect an open-market purchase or sale of shares.
Positive
- None.
Negative
- None.
Insights
Routine deferred compensation grant with no direct market signal.
Executive Chairman Matthew J. Missad received 16 phantom stock units under UFP Industries’ Deferred Compensation Plan, credited 1-for-1 against common shares and valued at $90.74 per unit on the grant date. This increased his phantom unit balance to 95,723.
Phantom stock units are a non-cash, deferred compensation tool that track the share price but do not involve immediate share issuance or cash flow. They are payable in common stock upon death, disability, or retirement, so their eventual impact depends on future service and company performance.
The filing shows no open-market buying or selling, and no remaining derivative option positions are listed. As a result, this looks like a standard compensation accrual rather than a directional bet on UFPI stock, and it would typically be viewed as neutral from an investment thesis perspective.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 16 | $90.74 | $1K |
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 upon the reporting person's death, disability, or retirement. Includes shares acquired through dividend reinvestment plan