UFP Industries (UFPI) CEO receives stock and phantom unit awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UFP Industries Chief Executive Officer William Danny Schwartz reported equity awards on February 19, 2026. He received 1,064 phantom stock units at $110.55 per unit and 13,018 shares of common stock at $110.55 per share as grant or award acquisitions. The phantom stock units are accrued under the company’s Deferred Compensation Plan and are payable in common shares upon his death, disability, or retirement.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
SCHWARTZ WILLIAM DANNY
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 1,064 | $110.55 | $118K |
| Grant/Award | Common Stock | 13,018 | $110.55 | $1.44M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock Unit — 11,059 shares (Direct);
Common Stock — 74,361 shares (Direct);
Common Stock — 2,454 shares (Indirect, 401(k) Plan)
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.
FAQ
What insider transaction did UFP Industries (UFPI) report for its CEO?
UFP Industries reported that CEO William Danny Schwartz received equity awards on February 19, 2026. He was granted 1,064 phantom stock units and 13,018 shares of common stock as compensation, both valued at $110.55 per unit or share on the grant date.
What are the phantom stock units granted to the UFP Industries (UFPI) CEO?
The CEO was granted 1,064 phantom stock units at $110.55 per unit, on a one-for-one basis with common shares. These units were accrued under the company’s Deferred Compensation Plan and will be paid in common stock upon his death, disability, or retirement.
What triggers payment of UFP Industries (UFPI) phantom stock units?
The phantom stock units granted to the CEO are payable in UFP Industries common stock. Payment occurs upon his death, disability, or retirement, as provided under the company’s Deferred Compensation Plan, meaning these units function as long-term, share-settled deferred compensation.