UFP Industries director granted stock and units
Grubbs Ronald K Jr. reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 32 | $85.18 | $3K |
| Grant/Award | Common Stock | 8 | $85.18 | $681.44 |
Footnotes (2)
- F1. 1 for 1
- F2. Shares issuable upon retirement as a director.
Key Figures
Key Terms
Phantom Stock Unit financial
1 for 1 financial
Grant, award, or other acquisition financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did UFP Industries (UFPI) director Ronald K. Grubbs Jr. report on this Form 4?
What are the Phantom Stock Units reported by Ronald K. Grubbs Jr. at UFP Industries (UFPI)?
At what value were Ronald K. Grubbs Jr.’s UFP Industries (UFPI) equity awards recorded?
Does the UFP Industries (UFPI) Form 4 show open-market buying or selling by Ronald K. Grubbs Jr.?
When can Ronald K. Grubbs Jr.’s UFP Industries (UFPI) Phantom Stock Units convert into shares?
AI-generated analysis. How Rhea-AI works. Not financial advice.