4/A: UFP Industries CFO Michael R. Cole Reports Acquisition of 11,646 Shares
SEC Form 4/A
Michael R. Cole, CFO of UFP Industries, discloses the acquisition of 11,646 shares of common stock at a price of $106.65 per share.
Summary
- Michael R. Cole, the Chief Financial Officer of UFP Industries Inc., filed an amended Form 4 on March 26, 2025.
- The report details a transaction on February 24, 2025, where Mr. Cole acquired 11,646 shares of UFP Industries' common stock at a price of $106.65 per share.
- Following this transaction, Mr. Cole directly owns 167,993 shares of common stock.
- Additionally, he indirectly owns 29,477 shares through a 401k plan and 26,639 shares through a deferred compensation interest.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by an executive. The purchase itself could be seen as slightly positive, but the document is primarily informational.
Positives
- The CFO's purchase of shares could be interpreted as a positive signal, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure of insider trading activity. It is common for company executives to buy or sell shares of their own company, and these transactions are closely monitored by regulators and investors.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of transaction: Michael R. Cole acquired 11,646 shares of UFP Industries' common stock. |
| 02/25/2025 | Date of original filing. |
| 03/26/2025 | Date of amended filing. |
Keywords
UFP Industries, Michael R. Cole, CFO, Form 4, Stock Acquisition, Beneficial Ownership, UFPI
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.