4/A: UFP Industries Executive Chairman Matthew Missad Reports Acquisition of Shares
SEC Form 4/A
Matthew Missad, Executive Chairman of UFP Industries, reports acquiring 26,984 shares of common stock at $106.65 per share.
Summary
- Matthew Missad, the Executive Chairman of UFP Industries, filed an amended Form 4 on March 26, 2025, reporting a transaction from February 24, 2025.
- The report details the acquisition of 26,984 shares of UFP Industries common stock at a price of $106.65 per share.
- Following the transaction, Missad directly owns 321,533 shares.
- Missad also indirectly owns 8,373 shares through a P/S Plan, 51,827 shares through Deferred Compensation Interest, and 3,308 shares through an LLC.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. The sentiment is neither particularly positive nor negative.
Positives
- The acquisition of shares by the Executive Chairman could be interpreted as a positive signal about the company's prospects.
Industry Context
This filing is a routine disclosure related to insider trading and is common for publicly traded companies. It provides transparency into the transactions of company executives.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in compliance with SEC regulations.
- Executive stock ownership is a common metric used to align management interests with shareholder value, and is tracked across the industry.
Stakeholder Impact
- Shareholders may view the increased stake of the Executive Chairman as a positive sign.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of the stock transaction. |
| 02/25/2025 | Date of original Form 4 filing. |
| 03/26/2025 | Date of amended Form 4/A filing. |
Keywords
UFP Industries, UFPI, Matthew Missad, Executive Chairman, Form 4, Stock Acquisition, Beneficial Ownership, Securities
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