STOCK TITAN

UFP Industries (UFPI) director granted new phantom stock units

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

McLean Benjamin J. reported acquisition or exercise transactions in this Form 4 filing.

UFP Industries Inc. director Benjamin J. McLean received a grant of 593 Phantom Stock Units on August 3, 2026, valued at $91.68 per unit. Each unit is convertible 1-for-1 into common stock and shares are issuable upon termination of his board service, bringing his phantom stock holdings to 15,452 units, including 56 credited from a June 15, 2026 dividend payment.

Positive

  • None.

Negative

  • None.
Insider McLean Benjamin J.
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Unit F1, F2, F3 593 $91.68 $54K
Holdings After Transaction: Phantom Stock Unit — 15,452 shares (Direct)
Footnotes (3)
  1. F1. 1 for 1
  2. F2. Shares issuable upon termination of service as a director.
  3. F3. Includes 56 shares credited based on dividend payment on June 15, 2026
Phantom Stock Units granted 593 units Grant to director Benjamin J. McLean on August 3, 2026
Grant price per unit $91.68 per unit Value per Phantom Stock Unit for the August 3, 2026 grant
Total Phantom Stock Units after grant 15,452 units Phantom Stock Unit holdings following the reported transaction
Dividend-equivalent shares credited 56 shares Credited based on dividend payment on June 15, 2026
Conversion ratio 1 for 1 Each Phantom Stock Unit corresponds to one share of common stock
Phantom Stock Unit financial
"Security title reported as "Phantom Stock Unit" linked to common stock"
Common Stock financial
"Underlying security title identified as "Common Stock" for the units"
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.
dividend payment financial
"Includes 56 shares credited based on dividend payment on June 15, 2026"
termination of service as a director financial
"Shares issuable upon termination of service as a director"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What insider transaction did UFPI report for director Benjamin J. McLean?

UFP Industries Inc. (UFPI) reported that director Benjamin J. McLean received 593 Phantom Stock Units on August 3, 2026 at $91.68 per unit. This equity award increased his phantom stock holdings to 15,452 units, including amounts credited from dividends.

What are the key terms of the Phantom Stock Units granted to UFPI director McLean?

The grant to Benjamin J. McLean consists of 593 Phantom Stock Units, each convertible 1 for 1 into UFP Industries common stock. According to the footnotes, the related shares are issuable upon his termination of service as a director rather than immediately.

How many Phantom Stock Units does UFPI director McLean hold after this grant?

After the August 3, 2026 award, Benjamin J. McLean holds 15,452 Phantom Stock Units linked to UFP Industries common stock. This total explicitly includes 56 shares credited based on a dividend payment made on June 15, 2026, as noted in the footnotes.

Were McLean’s UFPI Phantom Stock Unit transactions under a Rule 10b5-1 plan?

The Form 4’s Rule 10b5-1 checkbox is not checked, so this transaction was not affirmatively reported as made under a Rule 10b5-1 trading plan. The filing otherwise describes it as a grant or award acquisition of Phantom Stock Units.

How do dividends affect Benjamin J. McLean’s Phantom Stock Units at UFPI?

McLean’s reported Phantom Stock Unit balance includes 56 shares credited based on a June 15, 2026 dividend payment. This indicates dividend-related credits increase his reported total, which stands at 15,452 units after the latest grant, according to the filing footnotes.
SEC Form 4
FORM 4UNITED 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*
McLean Benjamin J.

(Last)(First)(Middle)
2801 E BELTLINE AVE NE

(Street)
GRAND RAPIDS MICHIGAN 49525

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
UFP INDUSTRIES INC [ UFPI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Unit(1)08/03/2026A593 (2) (2)Common Stock593$91.6815,452(3)D
Explanation of Responses:
1. 1 for 1
2. Shares issuable upon termination of service as a director.
3. Includes 56 shares credited based on dividend payment on June 15, 2026
Katherine L. Karel08/04/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)