Form 4: UFP Industries CFO Michael Cole Reports Stock Transactions
SEC Form 4 Filing
Michael Cole, CFO of UFP Industries, reported the acquisition and disposal of common stock and phantom stock units on March 1, 2024.
Summary
- On March 1, 2024, Michael Cole, the Chief Financial Officer of UFP Industries Inc. (UFPI), reported transactions involving the company's common stock and phantom stock units.
- Cole acquired 344 shares of common stock through the conversion of phantom stock units.
- He also disposed of 90.3 shares of common stock at a price of $115.96 per share.
- Following these transactions, Cole directly owns 164,489 shares of common stock.
- Additionally, he indirectly owns 29,033 shares through a 401k plan and 26,347 shares through deferred compensation interest.
- Cole also holds 30,798 phantom stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key company executive.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of earliest transaction and reported transactions. |
| 03/04/2024 | Date of signature by Attorney-in-Fact. |
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