UFPI (UFPI) construction president exercises shares and returns some to issuer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UFP Industries executive Patrick M. Benton, President of UFP Construction, reported routine changes in his ownership of the company’s common stock. On April 1, 2026, he exercised a derivative award to acquire 603 shares at $91.14 per share, increasing his direct stake.
On the same date, Benton disposed of 157 shares of common stock to the issuer at $91.14 per share. After these transactions, he directly owns 89,263 shares of common stock and also has indirect holdings of 173 shares through a 401(k) plan and 17,682 units as deferred compensation, which include units acquired through a dividend reinvestment program.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Benton Patrick M.
Role
President, UFP Construction
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 603 | $91.14 | $55K |
| Disposition | Common Stock | 157 | $91.14 | $14K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 89,421 shares (Direct);
Common Stock — 173 shares (Indirect, 401(k) Plan)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired via exercise: 603 shares at $91.14
Shares disposed to issuer: 157 shares at $91.14
Direct holdings after transactions: 89,263 shares
+2 more
5 metrics
Shares acquired via exercise
603 shares at $91.14
Derivative exercise of common stock on April 1, 2026
Shares disposed to issuer
157 shares at $91.14
Disposition to issuer on April 1, 2026
Direct holdings after transactions
89,263 shares
Common stock directly owned following April 1, 2026 changes
Indirect 401(k) holdings
173 shares
Common stock held indirectly via 401(k) Plan
Deferred compensation units
17,682 units
Deferred Comp Interest units including dividend reinvestment
Key Terms
Exercise or conversion of derivative security, Disposition to issuer, 401(k) Plan, Deferred Comp Interest, +1 more
5 terms
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Disposition to issuer financial
"transaction_code_description: Disposition to issuer"
401(k) Plan financial
"nature_of_ownership: 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Deferred Comp Interest financial
"nature_of_ownership: Deferred Comp Interest"
dividend reinvestment program financial
"Includes units acquired through dividend reinvestment program"
A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.
FAQ
What insider transactions did Patrick M. Benton report for UFP Industries (UFPI)?
Patrick M. Benton reported exercising a derivative award for 603 shares of UFP Industries common stock at $91.14 per share and a separate disposition to the issuer of 157 shares at the same price, reflecting routine equity award activity.
Were Patrick M. Benton’s UFP Industries (UFPI) trades open-market buys or sells?
The filing shows no open-market buying or selling. Benton exercised a derivative security to receive 603 shares and then recorded a disposition to the issuer of 157 shares, both at $91.14 per share, rather than market transactions.
What does 'Disposition to issuer' mean in the UFP Industries (UFPI) Form 4?
A Disposition to issuer means shares were returned to UFP Industries rather than sold on the open market. In this case, Benton disposed of 157 shares back to the company at $91.14 per share as part of the equity award activity.
What indirect holdings does Patrick M. Benton report in UFP Industries (UFPI)?
Benton reports indirect holdings of UFP Industries common stock through benefit and deferred compensation plans. These include 173 shares held via a 401(k) Plan and 17,682 units listed as Deferred Comp Interest, including units acquired through a dividend reinvestment program.