UFP Industries (UFPI) grants stock and phantom units to executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tarvin Landon C reported acquisition or exercise transactions in this Form 4 filing.
UFP Industries executive Landon C. Tarvin received equity-based compensation on February 19, 2026. He was granted 585 phantom stock units and 5,915 shares of common stock at $110.55 per share. The phantom units are 1-for-1 and were accrued under the company’s Deferred Compensation Plan, payable in cash or stock upon death, disability, or retirement.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Tarvin Landon C
Role
President,UFP Retail Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 585 | $110.55 | $65K |
| Grant/Award | Common Stock | 5,915 | $110.55 | $654K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock Unit — 3,270 shares (Direct);
Common Stock — 21,366 shares (Direct);
Common Stock — 2,795 shares (Indirect, Deferred Comp Interest)
Footnotes (1)
- 1 for 1 The phantom stock units were accrued under the Company's Deferred Compensation Plan and are payable in cash or shares of the Company's common stock upon the reporting person's death, disability, or retirement.
FAQ
What did UFP Industries (UFPI) report in this Form 4 for Landon C. Tarvin?
UFP Industries reported that executive Landon C. Tarvin received equity awards, including phantom stock units and common shares, as compensation. These transactions increased his direct and deferred equity interests in the company, reflecting ongoing participation in UFP Industries’ incentive and deferred compensation programs.
How many phantom stock units did Landon C. Tarvin receive from UFP Industries (UFPI)?
Landon C. Tarvin received 585 phantom stock units, on a 1-for-1 basis with UFP Industries common stock. These units were accrued under the company’s Deferred Compensation Plan and are designed to track the value of common shares over time for long-term compensation purposes.
At what price were Landon C. Tarvin’s UFP Industries (UFPI) awards recorded?
Both the phantom stock units and the common stock awards were recorded at $110.55 per share. This figure represents the reference price used for the Form 4 reporting and helps quantify the value of the equity compensation granted on that date.
What are the payment terms of the phantom stock units reported by UFP Industries (UFPI)?
The phantom stock units are payable in cash or UFP Industries common stock upon Landon C. Tarvin’s death, disability, or retirement. They were accrued under the company’s Deferred Compensation Plan, aligning executive compensation with long-term company performance and service milestones.
Does Landon C. Tarvin hold any indirect UFP Industries (UFPI) stock through deferred compensation?
Yes. The Form 4 shows an indirect holding of 2,795 UFP Industries common shares labeled as “Deferred Comp Interest.” This reflects stock-related amounts tied to the company’s deferred compensation arrangements, separate from his directly held common shares and phantom stock units.