[Form 4] UFP Industries, Inc. Insider Trading Activity

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

Corporate Governance Expert

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.

Securities Analyst

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.

SEC Form 4

FORM 4

UNITED 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^*

COLE MICHAEL R

(Last) (First) (Middle)

2801 EAST BELTLINE, N.E.

(Street)

GRAND RAPIDS MI 49525

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
UFP INDUSTRIES INC [ UFPI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Units	(1)	08/29/2025		A		14		(2)	(2)	Common Stock	14	$100.97	31,647(3)	D

Explanation of Responses:

1. 1 for 1

2. 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.

3. Includes shares acquired through dividend reinvestment plan.

Remarks:

	Katherine L. Karel, Attorney-in-Fact for Michael R. Cole	09/02/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did Michael R. Cole report in the Form 4 for UFPI?

He reported the acquisition of 14 phantom stock units under the Company’s Deferred Compensation Plan on 08/29/2025.

How do the phantom stock units reported convert to UFPI common stock?

The phantom stock units convert 1-for-1 into shares of the Company’s common stock and are payable in shares upon death, disability or retirement.

What price is shown in the Form 4 for the reported units?

The filing shows a reference price of $100.97 per share associated with the underlying common stock.

How many UFPI shares does the reporting person beneficially own after the transaction?

The Form 4 reports 31,647 shares beneficially owned following the reported transaction, including shares from the dividend reinvestment plan.

What is the effective date of the transaction reported on the Form 4?

The transaction date is 08/29/2025, and the Form 4 was signed on 09/02/2025 by an attorney-in-fact.