Form 4: UFP Industries CEO Matthew Missad Reports Stock Transactions
SEC Form 4 Filing
UFP Industries CEO Matthew Missad reports the disposition of shares and phantom stock units on March 1, 2024.
Summary
- On March 1, 2024, Matthew J. Missad, CEO of UFP Industries Inc., reported transactions involving the company's common stock and phantom stock units.
- Missad disposed of 189 shares of common stock at a price of $115.96.
- He also disposed of 862 phantom stock units, each equivalent to one share of common stock.
- Following these transactions, Missad directly owns 323,110 shares of common stock.
- Additionally, he indirectly owns 8,246 shares through a P/S Plan, 51,258 shares through Deferred Comp Interest, and 3,308 shares through an LLC.
- He also owns 90,607 phantom stock units.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, providing insight into the CEO's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of the reported transactions (disposal of common stock and phantom stock units). |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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