UFP Industries (NASDAQ: UFPI) awards Tarvin 13 phantom stock units
Rhea-AI Filing Summary
Tarvin Landon C reported acquisition or exercise transactions in this Form 4 filing.
UFP Industries Inc reported that Landon C. Tarvin, President, UFP Retail Solutions, received a grant of 13 Phantom Stock Units on July 31, 2026. Each unit is linked 1-for-1 to common stock and was valued at $86.74 per unit. Following the award, Tarvin holds 3,361 Phantom Stock Units accrued under the company’s Deferred Compensation Plan, payable in cash or common shares upon his death, disability, or retirement.
Positive
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tarvin Landon C
Role
President,UFP Retail Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit F1, F2 | 13 | $86.74 | $1K |
Holdings After Transaction:
Phantom Stock Unit — 3,361 shares (Direct)
Footnotes (2)
- 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 upon the reporting person's death, disability, or retirement.
Key Figures
Phantom Stock Units granted: 13 Phantom Stock Units
Grant value per unit: $86.74 per unit
Total phantom units after grant: 3,361 Phantom Stock Units
+1 more
4 metrics
Phantom Stock Units granted
13 Phantom Stock Units
Grant to Landon C. Tarvin on July 31, 2026
Grant value per unit
$86.74 per unit
Valuation of Phantom Stock Unit award
Total phantom units after grant
3,361 Phantom Stock Units
Holdings of Landon C. Tarvin following the transaction
Conversion ratio
1 for 1
Each Phantom Stock Unit corresponds to one share of common stock
Key Terms
Phantom Stock Unit, Deferred Compensation Plan, Common Stock
3 terms
Phantom Stock Unit financial
"Security title is Phantom Stock Unit for the reported award"
Deferred Compensation Plan financial
"Phantom stock units were accrued under the Company’s Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
Common Stock financial
"Payable in cash or shares of the Company’s common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Landon C. Tarvin report for UFPI?
Landon C. Tarvin reported a grant of 13 Phantom Stock Units tied to UFP Industries Inc. The units were awarded on July 31, 2026, as a compensation-related derivative holding rather than a market purchase of common stock.
How many phantom stock units does Tarvin hold in UFPI after this Form 4?
After the reported transaction, Landon C. Tarvin holds 3,361 Phantom Stock Units related to UFP Industries Inc. These units are accrued under the company’s Deferred Compensation Plan and represent a deferred form of compensation.
What are the key terms of the UFPI phantom stock units granted to Tarvin?
The grant consists of 13 Phantom Stock Units, each corresponding 1-for-1 to UFP Industries common stock. They are payable in cash or common shares under the Deferred Compensation Plan upon Tarvin’s death, disability, or retirement, aligning payment with long-term service.
Was the UFPI transaction for Tarvin a stock purchase or a compensation award?
The UFPI transaction was a grant/award acquisition of Phantom Stock Units, coded as an "A" transaction. It reflects compensation awarded to Landon C. Tarvin, not an open-market purchase or sale of UFP Industries common stock.
At what value were Tarvin’s UFPI phantom stock units recorded?
Tarvin’s 13 Phantom Stock Units were recorded at $86.74 per unit. This per-unit value is used for the derivative award, which is linked 1-for-1 to UFP Industries common stock under the Deferred Compensation Plan.
How can Tarvin’s UFPI phantom stock units be settled in the future?
Tarvin’s Phantom Stock Units may be settled in cash or shares of UFP Industries common stock. Settlement occurs under the Deferred Compensation Plan upon qualifying events such as his death, disability, or retirement, rather than on a fixed calendar date.