UFP Industries Insider Filing: 14 Phantom Units Added, 31,647 Shares Beneficially Owned
Rhea-AI Filing Summary
Michael R. Cole, Chief Financial Officer of UFP Industries, Inc. (UFPI), reported the acquisition of 14 phantom stock units under the Company’s Deferred Compensation Plan on 08/29/2025. Those units convert 1-for-1 into common shares and are payable in shares upon the reporting person’s death, disability or retirement. The filing shows a $100.97 per-share reference price and reports 31,647 shares beneficially owned by the reporting person after the transaction, which includes shares held via the company dividend reinvestment plan.
Positive
- Reporting person acquired 14 phantom stock units under the Company’s Deferred Compensation Plan on 08/29/2025.
- The phantom units convert 1-for-1 into common stock and are payable in shares upon death, disability or retirement.
- Post-transaction beneficial ownership is reported as 31,647 shares, which includes shares from the dividend reinvestment plan.
Negative
- None.
Insights
TL;DR: Insider reported a small accrual of phantom units that convert to shares, indicating routine deferred compensation activity.
The Form 4 documents a non-derivative economic accrual: 14 phantom stock units credited under the company’s Deferred Compensation Plan, recorded 08/29/2025 and treated as 1-for-1 underlying common stock. These units are payable in shares upon death, disability or retirement, consistent with standard deferred-compensation designs that align executive compensation with shareholder outcomes. The post-transaction beneficial ownership is 31,647 shares, which incorporates dividend reinvestment holdings. This disclosure appears routine and compliance-driven rather than reflecting an open-market purchase or sale.
TL;DR: Transaction is minor in scale and appears immaterial to company capitalization or control.
The reported 14 phantom stock units convert 1-for-1 to common stock and were recorded at a reference price of $100.97. The filing does not show a cash purchase or sale; rather it records an accrual under the Deferred Compensation Plan. With 31,647 shares reported beneficially owned after the accrual, the change from this single transaction is minimal relative to typical public-company float sizes. No derivative exercises, option grants beyond the phantom units, or dispositions were reported in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 14 | $100.97 | $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 until the reporting person's death, disability or retirement. Includes shares acquired through dividend reinvestment plan.