Form 4: UFP Industries CFO Boosts Phantom Stock Holdings

UFP Industries' Chief Financial Officer, Michael R. Cole, increased his beneficial ownership of phantom stock units through a deferred compensation plan.

Summary

• Michael R. Cole, Chief Financial Officer of UFP Industries Inc. (UFPI), acquired 15 phantom stock units.
• The transaction occurred on September 30, 2025.
• Each phantom stock unit was valued at $93.49.
• These phantom stock units were accrued under the Company's deferred compensation plan.
• The units are payable in shares of the Company's common stock upon the reporting person's death, disability, or retirement.
• Following this transaction, Michael R. Cole beneficially owns 31,663 derivative securities, which includes shares acquired through a dividend reinvestment plan.

Sentiment

Score: 7

Explanation: The acquisition of phantom stock units by a key executive is generally viewed as a positive signal, indicating management's confidence in the company's long-term prospects and aligning their interests with shareholders. The transaction is part of a routine deferred compensation plan.

Positives

• The acquisition of phantom stock units by a key executive like the CFO can signal confidence in the company's future performance.
• Participation in a deferred compensation plan aligns executive interests with long-term shareholder value.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

Insider transactions, such as the acquisition of phantom stock units, are routine disclosures for corporate officers. This specific transaction is part of a deferred compensation plan, a common mechanism for executive remuneration and retention, aligning executive incentives with long-term company performance.

Stakeholder Impact

• Shareholders may view the CFO's increased beneficial ownership as a positive indicator of management confidence in the company's future.

Key Dates

Keywords

UFP Industries, UFPI, Michael R. Cole, CFO, Phantom Stock, Insider Transaction, Deferred Compensation, Beneficial Ownership, SEC Form 4