UFP Industries grants phantom stock to executive
UFP Industries Inc. reported that Michael M. Ellerbrook, President of UFP Construction, received a grant of 13 phantom stock units on July 31, 2026.
Rhea-AI Filing Summary
UFP Industries Inc. reported that Michael M. Ellerbrook, President of UFP Construction, received a grant of 13 phantom stock units on July 31, 2026. The units are recorded at $86.74 per unit, convert 1-for-1 into common stock under a Deferred Compensation Plan, and are payable in cash or shares at death, disability, or retirement. This award increases his deferred phantom holdings to 19,317 units, including amounts accumulated through the dividend reinvestment program.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit F1, F2, F3 | 13 | $86.74 | $1K |
Footnotes (3)
- F1. 1 for 1
- F2. The phantom stock units were accrued under the Company's Deferred Compensation Plan and are payable in cash or shares of the Company's common stock until the reporting person's death, disability, or retirement.
- F3. Includes shares acquired through dividend reinvestment program
Key Figures
Key Terms
Phantom Stock Unit financial
Deferred Compensation Plan financial
dividend reinvestment program financial
FAQ
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What insider transaction did UFPI report for Michael M. Ellerbrook?
How many phantom stock units does Michael M. Ellerbrook hold after this UFPI transaction?
What are phantom stock units in UFPI’s Deferred Compensation Plan for executives?
At what price were the new UFPI phantom stock units for Michael M. Ellerbrook recorded?
When will Michael M. Ellerbrook’s UFPI phantom stock units be paid out?
AI-generated analysis. How Rhea-AI works. Not financial advice.