Form 4: UFP Industries Director Acquires Phantom Stock Units

UFP Industries Director Matthew J. Missad acquired 15 phantom stock units as part of the company's deferred compensation plan.

Summary

• Matthew J. Missad, a Director of UFP Industries Inc. (UFPI), acquired 15 phantom stock units.
• The transaction occurred on September 30, 2025.
• These phantom stock units were accrued under the Company's Deferred Compensation Plan.
• Each phantom stock unit is convertible 1 for 1 into shares of the Company's common stock.
• The units are payable in shares upon the reporting person's death, disability, or retirement.
• The price of the derivative security was $93.49 per unit.
• Following this transaction, Matthew J. Missad beneficially owns 93,453 derivative securities, which includes shares acquired through a dividend reinvestment plan.

Sentiment

Score: 7

Explanation: The acquisition of phantom stock units by a director under a deferred compensation plan indicates continued alignment of management interests with shareholder value and is a routine, positive sign of commitment.

Positives

• Director Matthew J. Missad increased his beneficial ownership in the company through the acquisition of 15 phantom stock units.
• The acquisition is part of the company's Deferred Compensation Plan, indicating a structured approach to executive compensation and alignment of interests with shareholders.

Future Outlook

The phantom stock units are designed to be paid out in shares of common stock upon the reporting person's death, disability, or retirement, aligning long-term interests.

Related Party Transactions

• The acquisition of phantom stock units by Director Matthew J. Missad is part of the Company's Deferred Compensation Plan, a standard arrangement for executive remuneration.

Stakeholder Impact

• Shareholders benefit from increased alignment of a director's long-term interests with the company's performance.
• The reporting person, as an employee and director, benefits from the deferred compensation plan.

Key Dates

Recommendation

This Form 4 reports a routine acquisition of phantom stock units by a director under a deferred compensation plan. While it signals continued alignment of management interests, the transaction size and nature are not significant enough to alter an investment thesis or warrant a change from a 'hold' position based solely on this filing.

Keywords

UFPI, UFP Industries, Matthew J. Missad, Form 4, insider transaction, phantom stock, deferred compensation, director