Form 4: UFP Industries Executive Chairman Matthew J. Missad Reports Acquisition of Phantom Stock Units
SEC Form 4 Filing
Matthew J. Missad, Executive Chairman of UFP Industries, reports the acquisition of phantom stock units under the company's Deferred Compensation Plan.
Summary
- On March 31, 2025, Matthew J. Missad, the Executive Chairman of UFP Industries Inc. [UFPI], acquired 13 phantom stock units.
- These units were accrued under the Company's Deferred Compensation Plan.
- The price of the phantom stock units was $107.04.
- Following the transaction, Mr. Missad directly owns 93,027 shares of common stock.
- The phantom stock units are payable in shares of the Company's common stock until the reporting person's death, disability, or retirement.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to executive compensation, and does not contain information that would significantly impact sentiment positively or negatively.
Future Outlook
The phantom stock units are payable in shares of the Company's common stock until the reporting person's death, disability, or retirement.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates an executive's participation in a deferred compensation plan, a common practice in executive remuneration.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Matthew J. Missad acquired 13 phantom stock units. |
| 04/01/2025 | Date of signature on the Form 4 filing. |
Keywords
UFP Industries, Matthew J. Missad, phantom stock units, Deferred Compensation Plan, Form 4, executive compensation, insider trading
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