Form 4: UFP Industries Executive Chairman Accrues Phantom Stock Units

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

Summary

• Matthew J. Missad, Executive Chairman and Director of UFP Industries Inc. (UFPI), acquired 15 phantom stock units.
• The transaction occurred on July 31, 2025.
• These phantom stock units were accrued under the Company's Deferred Compensation Plan.
• Each phantom stock unit is convertible on a 1-for-1 basis into shares of UFPI Common Stock.
• Each phantom stock unit was valued at $98.
• The units are payable in shares of Common Stock upon the reporting person's death, disability, or retirement.
• Following this transaction, Matthew J. Missad beneficially owns 93,423 phantom stock units, a total that includes units acquired through dividend reinvestment.

Sentiment

Score: 6

Explanation: The accrual of phantom stock units by a key executive is a positive signal of alignment with long-term shareholder interests, though it is a routine compensation event rather than a significant strategic announcement.

Positives

• Executive Chairman Matthew J. Missad increased his beneficial ownership of the company's equity through the accrual of phantom stock units.
• The accrual of phantom stock units aligns management's long-term interests with shareholder value, as these units are payable in common stock upon retirement, death, or disability.

Negatives

• No direct negatives identified, as this reports a routine accrual of deferred compensation.

Risks

• No specific risks were detailed.

Future Outlook

The phantom stock units are payable in shares of Common Stock upon the reporting person's death, disability, or retirement, aligning future compensation with long-term company performance.

Management Comments

• No direct management comments or quotes were provided.

Industry Context

This Form 4 filing reports an individual executive's compensation accrual and does not provide information relevant to broader industry trends or competitive analysis.

Comparison to Industry Standards

• Not applicable, as this pertains to an individual executive's compensation accrual rather than company performance metrics that can be benchmarked against industry standards.

Stakeholder Impact

• Shareholders may view the increased executive equity ownership as a positive sign of management's commitment to long-term company performance.

Next Steps

• Phantom stock units will be converted into shares of UFP Industries Common Stock upon the reporting person's death, disability, or retirement.

Key Dates

Keywords

UFP Industries, UFPI, SEC Form 4, Insider Trading, Executive Compensation, Phantom Stock, Deferred Compensation, Director Holdings, Executive Holdings