UFP Industries (UFPI) president awarded 13 phantom stock units in Form 4
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, President of UFP Retail Solutions, received a grant of 13 Phantom Stock Units on April 30, 2026. Each unit is linked 1-for-1 to UFP Industries common stock at a reference value of $89.49 per unit.
Following this grant, Tarvin holds 3,307 Phantom Stock Units. These units were accrued under the company’s Deferred Compensation Plan and are payable in cash or common shares upon his death, disability, or retirement, making this a routine, compensation-related, non-market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tarvin Landon C
Role
President,UFP Retail Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 13 | $89.49 | $1K |
Holdings After Transaction:
Phantom Stock Unit — 3,307 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 cash or shares of the Company's common stock upon the reporting person's death, disability, or retirement.
Key Figures
Phantom units granted: 13 Phantom Stock Units
Reference price per unit: $89.49 per unit
Total phantom units after grant: 3,307 units
+1 more
4 metrics
Phantom units granted
13 Phantom Stock Units
Grant on April 30, 2026
Reference price per unit
$89.49 per unit
Phantom Stock Unit value linkage
Total phantom units after grant
3,307 units
Holdings following transaction
Conversion ratio
1 for 1
Each phantom unit tied to one common share
Key Terms
Phantom Stock Unit, Deferred Compensation Plan, grant/award acquisition, Form 4
4 terms
Phantom Stock Unit financial
"The phantom stock units were accrued under the Company's Deferred Compensation Plan"
Deferred Compensation Plan financial
"accrued under the Company's Deferred Compensation Plan and are payable in cash or 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.
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did UFP Industries (UFPI) disclose about Landon C. Tarvin in this Form 4?
UFP Industries reported that executive Landon C. Tarvin received a grant of 13 Phantom Stock Units on April 30, 2026. These units were accrued under the company’s Deferred Compensation Plan and increase his total phantom unit holdings to 3,307.
How many Phantom Stock Units did UFPI executive Landon C. Tarvin receive?
Landon C. Tarvin received 13 Phantom Stock Units tied to UFP Industries common stock. The grant is part of his deferred compensation, adding to his existing balance and bringing his total phantom units reported in this filing to 3,307.
What is the value reference for the Phantom Stock Units granted to UFPI’s Landon C. Tarvin?
Each Phantom Stock Unit granted to Landon C. Tarvin carries a reference value of $89.49, matching UFP Industries common stock on a one-for-one basis. This reference value is used for calculating future cash or share payouts under the plan.
When can the Phantom Stock Units granted to UFPI executive Landon C. Tarvin be paid out?
The Phantom Stock Units can be paid out in cash or UFP Industries common stock upon Landon C. Tarvin’s death, disability, or retirement. This timing is specified under the company’s Deferred Compensation Plan governing these awards.
Is the UFPI Form 4 transaction for Landon C. Tarvin an open-market buy or sell?
The transaction is not an open-market buy or sell. It is a compensation-related grant of 13 Phantom Stock Units under UFP Industries’ Deferred Compensation Plan, classified as a grant or award acquisition rather than a market trade.
How many total Phantom Stock Units does UFPI’s Landon C. Tarvin hold after this grant?
After receiving 13 additional Phantom Stock Units, Landon C. Tarvin holds a total of 3,307 Phantom Stock Units. This total reflects all phantom units reported as directly owned following the April 30, 2026 compensation grant.