UFP Industries (UFPI) chair receives 18 phantom stock units as deferred pay
Rhea-AI Filing Summary
MISSAD MATTHEW J reported acquisition or exercise transactions in this Form 4 filing.
UFP Industries Executive Chairman Matthew J. Missad received a grant of 18 phantom stock units on May 29, 2026 at a reference price of $81.00 per unit. These units were accrued under the company's Deferred Compensation Plan and are payable in UFP common stock upon his death, disability, or retirement. Following this award, he holds a total of 95,299 phantom stock units.
Positive
- None.
Negative
- None.
Insights
Routine phantom stock grant adds modest deferred equity compensation.
The Executive Chairman of UFP Industries, Matthew J. Missad, received 18 phantom stock units at a reference price of $81.00 per unit. The filing describes this as a grant or award, not an open-market purchase, so it is compensation-related rather than a trading signal.
The units accrue under the company's Deferred Compensation Plan and are payable in common stock upon death, disability, or retirement, making this long-term, deferred equity. After this grant, his phantom stock balance is 95,299 units, so the new award is a very small incremental increase.
Because this is a small, routine compensation grant with long-term payout triggers and no sale of shares, it does not materially change the overall investment picture for UFP Industries. It mainly updates investors on the structure and scale of the Executive Chairman's deferred equity position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 18 | $81.00 | $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 upon the reporting person's death, disability, or retirement.