UFP Industries insider granted phantom stock units
Guerre Robert Paul reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Guerre Robert Paul reported acquisition or exercise transactions in this Form 4 filing.
UFP Industries insider Robert Paul Guerre received a small compensation grant of phantom stock units. On this Form 4, he was awarded 16 phantom stock units tied to UFP Industries common stock at a reference value of $89.49 per unit. Following the grant, he holds 1,182 phantom stock units in total.
The units were accrued under the company’s Deferred Compensation Plan on a 1-for-1 basis with common shares and are payable in UFP Industries common stock only upon his death, disability, or retirement, making this a routine, non-market compensation event rather than an open-market stock purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 16 | $89.49 | $1K |
Footnotes (2)
- F1. 1 for 1
- F2. The phantom stock units were accrued under the Company's Deferred Compensation Plan and are payable in shares of the Company's common stock upon the reporting person's death, disability, or retirement.
Key Figures
Key Terms
Phantom Stock Unit financial
Deferred Compensation Plan financial
underlying security financial
grant/award acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did UFP Industries (UFPI) report in this Form 4 for Robert Paul Guerre?
Is the UFP Industries (UFPI) Form 4 a stock purchase or sale by Robert Paul Guerre?
How many phantom stock units does Robert Paul Guerre now hold at UFP Industries (UFPI)?
What are phantom stock units in the UFP Industries (UFPI) deferred compensation plan?
When will Robert Paul Guerre receive UFP Industries (UFPI) common stock for these phantom units?
AI-generated analysis. How Rhea-AI works. Not financial advice.