Executive chair at UFP Industries (UFPI) awarded phantom units
Filing Impact
Filing Sentiment
Form Type
4
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 April 30, 2026. Each unit is tied 1-for-1 to a share of the company’s common stock at a reference value of $89.49 per unit.
The phantom stock units were accrued under the company’s Deferred Compensation Plan and are payable in shares of common stock upon Missad’s death, disability, or retirement. Following this grant, he holds a total of 95,281 phantom stock units directly.
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 | 16 | $89.49 | $1K |
Holdings After Transaction:
Phantom Stock Unit — 95,281 shares (Direct, null)
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.
Key Figures
Phantom stock units granted: 16 units
Reference value per unit: $89.49 per unit
Total phantom units after grant: 95,281 units
+1 more
4 metrics
Phantom stock units granted
16 units
Grant to Executive Chairman on April 30, 2026
Reference value per unit
$89.49 per unit
Phantom stock unit grant value
Total phantom units after grant
95,281 units
Missad’s direct phantom stock unit holdings post-transaction
Conversion ratio
1 for 1
Each phantom stock unit equals one share of common stock
Key Terms
Phantom Stock Unit, Deferred Compensation Plan, grant, award, or other acquisition, underlying security
4 terms
Phantom Stock Unit financial
"security_title: "Phantom Stock Unit""
Deferred Compensation Plan financial
"accrued under the Company's Deferred Compensation Plan"
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.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
underlying security financial
"underlying_security_title: "Common Stock""
FAQ
What did UFP Industries (UFPI) disclose in this Form 4 for Matthew J. Missad?
UFP Industries reported that Executive Chairman Matthew J. Missad received 16 phantom stock units. These units were granted under the company’s Deferred Compensation Plan and are payable in shares of common stock upon his death, disability, or retirement, reflecting compensation rather than open-market trading.
How many phantom stock units were granted to UFP Industries’ Executive Chairman?
Matthew J. Missad was granted 16 phantom stock units. Each unit corresponds 1-for-1 to a share of UFP Industries common stock, with a reference value of $89.49 per unit, and will ultimately be settled in shares rather than cash under the Deferred Compensation Plan.
What is the value reference for the new phantom stock units at UFP Industries (UFPI)?
The 16 phantom stock units granted to Matthew J. Missad use a reference value of $89.49 per unit. This price is used to measure the units’ notional value, which will later be settled in UFP Industries common stock upon specified triggering events.
When will Matthew J. Missad’s phantom stock units at UFP Industries be paid out?
The phantom stock units are payable in UFP Industries common stock upon Matthew J. Missad’s death, disability, or retirement. Until one of these events occurs, the units remain as deferred compensation under the company’s Deferred Compensation Plan rather than immediate share ownership.
How many phantom stock units does Matthew J. Missad hold after this UFP Industries grant?
After the April 30, 2026 grant, Matthew J. Missad holds 95,281 phantom stock units directly. These units, accrued under the Deferred Compensation Plan, are all tied on a 1-for-1 basis to UFP Industries common stock and will be settled in shares upon eligible future events.