Form 4: UFP Industries CEO Matthew Missad Reports Gift of Common Stock

Sentiment:

SEC Form 4 Filing


Matthew Missad, CEO of UFP Industries, reports a gift of 4,496 shares of common stock on September 13, 2024, according to a Form 4 filing.

Summary

  • On September 13, 2024, Matthew J. Missad, the CEO of UFP Industries Inc., reported a transaction involving the company's common stock.
  • The transaction involved the gifting of 4,496 shares of common stock.
  • Following the transaction, Missad directly owns 329,450 shares of UFP Industries Inc.
  • Missad also indirectly owns 8,266 shares through a P/S Plan, 51,405 shares through Deferred Compensation Interest, and 3,454 shares through an LLC.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. It provides transparency into the trading activities of company leadership.

Stakeholder Impact

  • The transaction itself is unlikely to have a significant impact on stakeholders.
  • However, transparency in insider transactions is important for maintaining investor confidence.

Key Dates

DateDescription
09/13/2024Date of the stock gift transaction
09/17/2024Date of signature on the Form 4 filing

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