Form 4: UFP Industries CFO Michael R. Cole Reports Acquisition of Phantom Stock Units
SEC Form 4 Filing
UFP Industries' Chief Financial Officer, Michael R. Cole, reported the acquisition of phantom stock units under the company's Deferred Compensation Plan.
Summary
- Michael R. Cole, CFO of UFP Industries, reported a transaction involving phantom stock units on April 30, 2025.
- Cole acquired 14 phantom stock units under the company's Deferred Compensation Plan.
- These units are payable in shares of UFP Industries' Common Stock upon death, disability, or retirement.
- The price of the phantom stock units was $98.85.
- Following the reported transaction, Cole beneficially owns 31,474 shares, including those acquired through a dividend reinvestment plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the holdings of key executives.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of transaction involving phantom stock units |
| 05/02/2025 | Date of signature on the report |
Keywords
UFP Industries, Michael R. Cole, CFO, phantom stock units, Deferred Compensation Plan, beneficial ownership, Form 4, UFPI
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