UFP Industries (UFPI) director receives common shares and 32 phantom units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grubbs Ronald K Jr. reported acquisition or exercise transactions in this Form 4 filing.
UFP Industries director Ronald K. Grubbs Jr. reported receiving equity-based compensation. He was granted 8 shares of UFP Industries common stock at $85.18 per share, bringing his direct common stock holdings to 8 shares.
He was also granted 32 Phantom Stock Units at a reference value of $85.18 per unit, with each unit representing 1-for-1 underlying common share. According to the disclosure, these units are issuable as shares of common stock upon his retirement as a director, and he now holds 32 Phantom Stock Units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Grubbs Ronald K Jr.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 32 | $85.18 | $3K |
| Grant/Award | Common Stock | 8 | $85.18 | $681.44 |
Holdings After Transaction:
Phantom Stock Unit — 32 shares (Direct, null);
Common Stock — 8 shares (Direct, null)
Footnotes (1)
- 1 for 1 Shares issuable upon retirement as a director.
Key Figures
Common stock granted: 8 shares
Phantom Stock Units granted: 32 units
Grant value per share/unit: $85.18
+2 more
5 metrics
Common stock granted
8 shares
Equity award on May 1, 2026 to director Ronald K. Grubbs Jr.
Phantom Stock Units granted
32 units
Equity-based compensation on May 1, 2026
Grant value per share/unit
$85.18
Reference value for both common stock and Phantom Stock Unit awards
Common shares after grant
8 shares
Total direct common stock holdings following transaction
Phantom units after grant
32 units
Total direct Phantom Stock Unit holdings following transaction
Key Terms
Phantom Stock Unit, 1 for 1, Grant, award, or other acquisition, Common Stock, +1 more
5 terms
Phantom Stock Unit financial
"The filing lists a derivative security titled "Phantom Stock Unit" tied to common stock."
1 for 1 financial
"A footnote specifies "1 for 1" in relation to the Phantom Stock Units."
Grant, award, or other acquisition financial
"The transaction code description is "Grant, award, or other acquisition" for both entries."
Common Stock financial
"One transaction involves non-derivative "Common Stock" of UFP Industries."
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.
FAQ
What did UFP Industries (UFPI) director Ronald K. Grubbs Jr. report on this Form 4?
Ronald K. Grubbs Jr. reported receiving equity compensation from UFP Industries. He was granted 8 shares of common stock and 32 Phantom Stock Units, both recorded at a reference value of $85.18, increasing his reported direct equity-based holdings in the company.
What are the Phantom Stock Units reported by Ronald K. Grubbs Jr. at UFP Industries (UFPI)?
The filing shows a grant of 32 Phantom Stock Units. Each unit corresponds 1-for-1 to an underlying share of common stock and is described as issuable in shares of common stock upon his retirement as a director, according to the footnote disclosure.
At what value were Ronald K. Grubbs Jr.’s UFP Industries (UFPI) equity awards recorded?
Both the 8 common shares and the 32 Phantom Stock Units were recorded at a reference value of $85.18 per unit or share. This figure reflects the valuation used for the grant in the Form 4, not an open-market purchase price.
Does the UFP Industries (UFPI) Form 4 show open-market buying or selling by Ronald K. Grubbs Jr.?
The transactions are coded as awards, not open-market trades. The Form 4 identifies both entries with code A for grant or award, indicating compensation-related equity grants rather than discretionary market purchases or sales of UFP Industries stock.
When can Ronald K. Grubbs Jr.’s UFP Industries (UFPI) Phantom Stock Units convert into shares?
The footnotes state that the Phantom Stock Units are issuable in shares of common stock upon his retirement as a director. This means the 32 units represent deferred equity that becomes deliverable as stock when he retires from the board.