UFP Industries insider filing: Missad reports 14 phantom units, ownership 93,437 shares
Rhea-AI Filing Summary
UFP Industries (UFPI) Executive Chairman Matthew J. Missad reported a small equity accrual under the company deferred compensation plan. On 08/29/2025 Mr. Missad was credited with 14 phantom stock units that convert 1-for-1 into common shares and are payable in shares upon death, disability or retirement. The units carry an attributable value shown at $100.97 per share. After the transaction the reporting person beneficially owns 93,437 shares, which includes shares from the dividend reinvestment plan. The Form 4 was signed by an attorney-in-fact on 09/02/2025.
Positive
- Executive alignment: Accrual of phantom stock units ties compensation to company equity and aligns the Executive Chairman with shareholder interests
Negative
- None.
Insights
TL;DR: Routine, small-value accrual of phantom units increases insider stake slightly; no material change to capital structure.
The reported transaction is an accrued grant of 14 phantom stock units that convert 1-for-1 to common shares, recorded at an attributable price of $100.97. Given the modest size (14 units) relative to the total beneficial ownership of 93,437 shares, this is immaterial to outstanding share count and valuation. It does, however, reflect continued alignment of executive compensation with equity performance through the deferred compensation plan. No sales, option exercises, or large dispositions were reported.
TL;DR: Standard insider disclosure of deferred-compensation share accrual; governance signals alignment but is not material.
The Form 4 discloses an administrative accrual under the company’s Deferred Compensation Plan—14 phantom units payable in shares upon certain termination events. The filing identifies the reporting person as Executive Chairman and Director, and the form was executed by an attorney-in-fact. This is a routine disclosure consistent with equity-based executive compensation practices and raises no governance red flags given its small magnitude and clear explanatory remarks.