Form 4: UFP Industries Executive Acquires Phantom Stock Units Under Deferred Compensation Plan
Insider Transaction Report
Robert Paul Guerre, Secretary and Director of Corporate Compliance at UFP Industries Inc., acquired 15 phantom stock units as part of the company's deferred compensation plan.
Summary
- Robert Paul Guerre, the Secretary and Director of Corporate Compliance for UFP Industries Inc. (UFPI), acquired 15 phantom stock units.
- The transaction occurred on May 30, 2025.
- These phantom stock units were accrued under the Company's Deferred Compensation Plan.
- The units are convertible on a 1-for-1 basis into shares of the Company's common stock.
- The phantom stock units are payable in shares of common stock upon the reporting person's death, disability, or retirement.
- The price of the underlying common stock at the time of the transaction was $97.56.
- Following this transaction, Mr. Guerre beneficially owns a total of 486 phantom stock units, which includes units acquired through a dividend reinvestment plan.
Sentiment
Score: 6
Explanation: The acquisition of phantom stock units by an executive under a deferred compensation plan is a routine compensation event that aligns management's long-term interests with shareholders, without indicating significant new positive or negative developments.
Positives
- The acquisition of phantom stock units aligns the executive's long-term financial interests with the performance of the company's common stock, potentially motivating decisions that enhance shareholder value.
Future Outlook
N/A
Industry Context
This filing is a routine disclosure of an insider transaction related to executive compensation and does not provide broader industry context or trends.
Related Party Transactions
- The acquisition of phantom stock units by an executive is a related party transaction as it involves compensation from the company to an insider.
Stakeholder Impact
- Shareholders: The transaction aligns the executive's long-term interests with shareholder value, as the phantom units are tied to the company's common stock performance.
- Employees: No direct impact on general employees is indicated by this specific compensation filing.
Key Dates
| Date | Description |
|---|---|
| 05/30/2025 | Transaction Date for the acquisition of phantom stock units. |
| 06/02/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
UFP Industries, UFPI, SEC Form 4, Insider Transaction, Phantom Stock Units, Deferred Compensation Plan, Executive Compensation, Robert Paul Guerre
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