UFP Industries (UFPI) grants 653 phantom stock units to director
Rhea-AI Filing Summary
Rhodes Thomas Wayne reported acquisition or exercise transactions in this Form 4 filing.
UFP Industries director Thomas Wayne Rhodes received a grant of 653 Phantom Stock Units on August 3, 2026, each convertible on a 1-for-1 basis into common stock and generally issuable after his board service ends. After this award and dividend-based credits, he holds 68,478 phantom units, including 254 units credited from a June 15, 2026 dividend.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rhodes Thomas Wayne
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit F1, F2, F3 | 653 | $91.68 | $60K |
Holdings After Transaction:
Phantom Stock Unit — 68,478 shares (Direct)
Footnotes (3)
- F1. 1 for 1
- F2. Shares issuable following termination of service as a director
- F3. Includes 254 shares credited based on dividend paid on June 15, 2026
Key Figures
Phantom Stock Units granted: 653 units
Grant value per unit: $91.68
Total phantom units after grant: 68,478 units
+2 more
5 metrics
Phantom Stock Units granted
653 units
Grant to director on August 3, 2026
Grant value per unit
$91.68
Per-unit value of Phantom Stock Unit award
Total phantom units after grant
68,478 units
Director’s Phantom Stock Unit holdings following transaction
Underlying common shares per unit
1 share
1-for-1 conversion ratio into UFP Industries common stock
Dividend-based credited units
254 shares
Units credited based on dividend paid on June 15, 2026
Key Terms
Phantom Stock Unit, underlying security title, dividend paid
3 terms
Phantom Stock Unit financial
"security_title shows Phantom Stock Unit as the derivative award type"
underlying security title financial
"field labeled underlying security title lists Common Stock"
dividend paid financial
"includes 254 shares credited based on dividend paid on June 15, 2026"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did UFP Industries (UFPI) report for Thomas Wayne Rhodes?
Thomas Wayne Rhodes received a grant of 653 Phantom Stock Units on August 3, 2026. These derivative units convert 1-for-1 into common stock and are generally issuable after his service as a director ends, increasing his total phantom holdings to 68,478 units.
What is the value per unit of the phantom stock granted by UFP Industries (UFPI)?
The Phantom Stock Units were awarded at $91.68 per unit. This figure reflects the per-unit value used for the grant of 653 units and helps indicate the notional value of the director’s stock-based compensation for this specific award.
How many phantom stock units does the UFP Industries (UFPI) director hold after this grant?
Following the reported grant, Thomas Wayne Rhodes holds 68,478 Phantom Stock Units. This total includes both previously accumulated units and new credits such as dividend-based additions, all tied on a 1-for-1 basis to UFP Industries common stock.
How are the UFP Industries (UFPI) Phantom Stock Units for the director settled?
The Phantom Stock Units are generally shares issuable following termination of service as a director. They represent a deferred stock-based compensation arrangement, settling in UFP Industries common stock after Rhodes’ board service concludes rather than immediately.
What role did dividends play in the UFP Industries (UFPI) phantom stock balance?
The director’s phantom balance includes 254 shares credited based on a dividend paid on June 15, 2026. These dividend-equivalent credits increase the number of Phantom Stock Units tied to UFP Industries common stock without a separate cash transaction by the director.