STOCK TITAN

UFP Industries (UFPI) awards 18 new phantom stock units to executive

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Tarvin Landon C reported acquisition or exercise transactions in this Form 4 filing.

UFP Industries executive Landon C. Tarvin received a grant of 18 phantom stock units tied to the company’s common stock. The award was recorded at a reference price of $81.00 per unit and increases his directly held phantom stock balance to 3,322 units.

The units accrue under the company’s Deferred Compensation Plan and are payable in cash or shares of UFP Industries common stock upon his death, disability, or retirement on a one-for-one basis with common shares. This is a routine, compensation-related transaction rather than an open-market trade.

Positive

  • None.

Negative

  • None.
Insider Tarvin Landon C
Role President,UFP Retail Solutions
Type Security Shares Price Value
Grant/Award Phantom Stock Unit 18 $81.00 $1K
Holdings After Transaction: Phantom Stock Unit — 3,322 shares (Direct, null)
Footnotes (1)
  1. 1 for 1 The phantom stock units were accrued under the Company's Deferred Compensation Plan and are payable in cash or shares of the Company's common stock upon the reporting person's death, disability, or retirement.
Phantom stock units granted 18 units Grant on 2026-05-29 under Deferred Compensation Plan
Reference price per unit $81.00 per unit Transaction price per phantom stock unit
Total phantom units after grant 3,322 units Direct holdings of phantom stock units following transaction
Conversion ratio 1 for 1 Each phantom stock unit corresponds to one share of common stock
Phantom Stock Unit financial
"The phantom stock units were accrued under the Company's Deferred Compensation Plan"
Deferred Compensation Plan financial
"accrued under the Company's Deferred Compensation Plan and are payable in cash or shares"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
payable in cash or shares financial
"payable in cash or shares of the Company's common stock upon the reporting person's death"
grant/award acquisition financial
"transaction_action is described as grant/award acquisition for these phantom stock units"
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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*
Tarvin Landon C

(Last)(First)(Middle)
2801 EAST 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President,UFP Retail Solutions
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
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)05/29/2026A18 (2) (2)Common Stock18$813,322D
Explanation of Responses:
1. 1 for 1
2. The phantom stock units were accrued under the Company's Deferred Compensation Plan and are payable in cash or shares of the Company's common stock upon the reporting person's death, disability, or retirement.
Katherine L. Karel06/03/2026
** 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)

FAQ

What did UFP Industries (UFPI) disclose in this Form 4 for Landon C. Tarvin?

UFP Industries reported that executive Landon C. Tarvin received 18 phantom stock units as a compensation grant. These units increase his phantom stock balance to 3,322 units and are linked one-for-one to the company’s common stock under its Deferred Compensation Plan.

Is the transaction in UFP Industries (UFPI) Form 4 a stock purchase or sale?

The filing shows no open-market purchase or sale; it reports a grant of 18 phantom stock units. This is a compensation-related acquisition, not a discretionary buy or sell of UFP Industries common shares in the market.

How many phantom stock units does Landon C. Tarvin hold after this UFPI grant?

After the grant, Landon C. Tarvin holds 3,322 phantom stock units directly. The 18 new units were added under UFP Industries’ Deferred Compensation Plan, which tracks the value of the company’s common stock on a one-for-one basis.

What are phantom stock units in the UFP Industries (UFPI) Form 4?

The phantom stock units are deferred compensation instruments credited under UFP Industries’ Deferred Compensation Plan. According to the filing, they are payable in cash or shares of common stock upon the reporting person’s death, disability, or retirement on a one-for-one basis with common shares.

When can Landon C. Tarvin receive payment for his UFP Industries phantom stock units?

The Form 4 states that the phantom stock units become payable upon his death, disability, or retirement. At that time, UFP Industries may settle them in cash or shares of its common stock, based on the company’s Deferred Compensation Plan terms.