Form 4: UFP Industries CFO Michael Cole Reports Stock Transactions
SEC Form 4 Filing
Michael Cole, CFO of UFP Industries, reports the acquisition and disposal of common stock and phantom stock units on April 1, 2025.
Summary
- On April 1, 2025, Michael Cole, the Chief Financial Officer of UFP Industries, engaged in transactions involving the company's stock.
- Cole disposed of 98 shares of common stock at a price of $106.61 per share.
- He also acquired 375 phantom stock units, each equivalent to one share of UFP Industries common stock.
- Following these transactions, Cole directly owns 168,270 shares of common stock.
- Additionally, he indirectly owns 29,561 shares through a 401k plan and 27,111 shares through deferred compensation interest.
- Cole also holds 31,459 phantom stock units.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It provides transparency to the market regarding the actions of key executives.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of earliest transaction: Acquisition and disposal of common stock and phantom stock units. |
| 04/03/2025 | Date of signature by Katherine L. Karel, Attorney-in-Fact for Michael R. Cole. |
Keywords
UFP Industries, Michael Cole, stock transaction, Form 4, CFO, phantom stock units, common stock, beneficial ownership
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