UFP Industries (UFPI) awards phantom stock units to executive chair
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 16 Phantom Stock Units on July 31, 2026, under the company’s Deferred Compensation Plan. Each unit is equivalent to one share of common stock at $86.74 per unit, increasing his phantom stock holdings to 95,740 units, payable in shares upon death, disability, or retirement.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MISSAD MATTHEW J
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit F1, F2 | 16 | $86.74 | $1K |
Holdings After Transaction:
Phantom Stock Unit — 95,740 shares (Direct)
Footnotes (2)
- F1. 1 for 1
- F2. 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.
Key Figures
Phantom stock units granted: 16 units
Grant reference price: $86.74 per unit
Total phantom stock units after grant: 95,740 units
+1 more
4 metrics
Phantom stock units granted
16 units
Grant to Executive Chairman on July 31, 2026
Grant reference price
$86.74 per unit
Value used for phantom stock unit grant
Total phantom stock units after grant
95,740 units
Executive Chairman’s phantom stock balance after July 31, 2026 grant
Conversion ratio to common stock
1 for 1
Each phantom stock unit payable in one share of common stock
Key Terms
Phantom Stock Unit, Deferred Compensation Plan, payable in shares of the Company's common stock
3 terms
Phantom Stock Unit financial
"The phantom stock units were accrued under the Company's Deferred Compensation Plan"
Deferred Compensation Plan financial
"were accrued under the Company's Deferred Compensation Plan and are payable in 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did UFPI report for Matthew J. Missad?
UFP Industries reported that Executive Chairman Matthew J. Missad received a grant of 16 Phantom Stock Units on July 31, 2026. These units were accrued under the company’s Deferred Compensation Plan and are payable in common shares upon death, disability, or retirement.
How many phantom stock units does the UFPI executive chair hold after this grant?
Following the July 31, 2026 grant, the UFPI Executive Chairman holds 95,740 Phantom Stock Units. These units represent deferred compensation and are ultimately payable in shares of UFP Industries common stock under specified future events.
What is the value reference for the 16 phantom stock units granted at UFPI?
The 16 Phantom Stock Units granted to the UFPI Executive Chairman were valued at $86.74 per unit. This price is used as the reference amount for the grant and aligns each unit with the economic value of one common share.
How do UFPI phantom stock units convert into common stock?
Each UFP Industries Phantom Stock Unit converts into one share of common stock on a 1 for 1 basis. The units are payable in shares upon the reporting person’s death, disability, or retirement, according to the Deferred Compensation Plan.
Is the UFPI Form 4 transaction a market purchase or a compensation award?
The UFPI Form 4 transaction is a compensation-related award, not a market purchase. It is classified as a grant of Phantom Stock Units accrued under the company’s Deferred Compensation Plan, rather than an open-market buy or sell of shares.